Peloton shares briefly fall as Apple announces cheaper rival fitness service launches Dec. 14

Apple announced the release Fitness+, its subscription service for digital fitness classes, on Tuesday. The news sending shares of Peloton lower in pre-market trading but they recovered in the morning and are up slightly. Apple’s service, which launches Dec. 14, will cost $9.99 per month or $79.

Read full article here:

www.cnbc.com/2020/12/08/apple-announces-fitness-service-launches-dec-14-peloton-shares-fall.html

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