Peloton jumps 40% as suitors including Amazon, Nike circle company (update)
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Update 9:53pm: Adds FT report on Nike interest.
Peloton Interactive (NASDAQ:PTON)
jumped 39.5% after hours Friday following the WSJ report that the fitness company is drawing interest from suitors including Amazon.com (NASDAQ:AMZN).
Nike (NYSE:NKE) is also evaluating a potential offer for Peloton (PTON), according to a FT report. Amazon and Nike have not held any talks with the fitness company.

No deal is imminent, and there might not be one, but Amazon has been talking to advisers about a potential deal for the beleaguered bike maker, according to the WSJ report.
Nike considered an offer for Peloton (PTON) before it went public in 2019, though it decided against it, according to the FT.
Any buyer may be in the mood for a fitness bargain. Shares today had closed at $24.60 - marking a decline of 80% over the past six months (see chart here), and below its September 2019 IPO price.
Seeking Alpha contributor Denis Buivolov (among others) has been bullish on the company in part due to rumors of a takeover by the likes of Amazon, Nike or Apple.