Peloton's effort to seek an outside investment seems a bit off from the takeover hubbub around the fitness firm a few months back. But if Lululemon is any indication, a minority sale could be a major boost.
Why it matters: Such an investment could be worth around $1 billion and play a key role in turning around the fortunes of this pandemic darling that flew to the WFH moon and crashed to earth earlier this year.
