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2/7, 10:23 AM (Source: TeleTrader)
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Peloton up 24% premarket on Amazon, Nike interest reports

Peloton Interactive Inc.'s shares surged as much as 24.92% in premarket trade on Monday after the company reportedly drew interest from major American corporations about a potential acquisition.

Specifically, Amazon.com Inc. is monitoring the exercise equipment producer and evaluating the possibility of launching an offer, according to The Wall Street Journal's report released late last week. At the same time, the Financial Times claimed that Nike Inc. is also looking into a potential deal with Peloton.

The reports sent Peloton's stock jumping 21.10% at 4:20 am ET.

Baha Breaking News (BBN) / MS