Bulletin
Investor Alert

New York Markets Open in:

Market Pulse Archives

Sept. 21, 2022, 9:25 a.m. EDT

Peloton, UnitedHealth expand relationship to double the number of people eligible for Peloton App membership

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Peloton Interactive Inc. (PTON)
  • X
    UnitedHealth Group Inc. (UNH)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Peloton Interactive Inc. /zigman2/quotes/208035743/composite PTON +8.48% and UnitedHealth Group Inc. /zigman2/quotes/210453738/composite UNH +3.74% said Wednesday that they have expanded their relationship, to more than double the number of people who could be eligible for a Peloton App Membership. Health insurer UnitedHealth said 10 million of its UnitedHealthcare commercial members may be eligible for a one-year membership, or receive a three-month waiver toward a Peloton All-Access Membership as part of their health benefits. And UnitedHealthcare members in most states will receive preferred pricing on certain Peloton fitness products, including the Peloton Bike, Bike+ and Tread. Peloton's stock has plunged 73.0% year to date while UnitedHealth shares have gained 4.1%. The S&P 500 /zigman2/quotes/210599714/realtime SPX +3.09% has dropped 19.1% this year.

/zigman2/quotes/208035743/composite
US : U.S.: Nasdaq
$ 11.38
+0.89 +8.48%
Volume: 11.76M
Nov. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.57 billion
Rev. per Employee
$347,293
loading...
/zigman2/quotes/210453738/composite
US : U.S.: NYSE
$ 547.76
+19.76 +3.74%
Volume: 9.69M
Nov. 30, 2022 4:01p
P/E Ratio
26.83
Dividend Yield
1.20%
Market Cap
$493.34 billion
Rev. per Employee
$900,337
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,080.11
+122.48 +3.09%
Volume: 0.00
Nov. 30, 2022 5:28p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.