Peloton raises $1.2 billion after IPO prices at top of range

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Peloton (PTON) Prices 40M Class A Share IPO at $29/Sh

September 26, 2019 5:57 AM EDT

Peloton Interactive, Inc. (NASDAQ: PTON) today announced the pricing of its initial public offering of 40,000,000 shares of its Class A common stock at a public offering price of $29.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on September... More