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LIVE TRADING $AAPL vs. $PTON During the September Apple Event

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Oct 03, 2020

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LIVE TRADING $AAPL vs. $PTON During the September Apple Event

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Apple held their "Time Flies" event on September 15, 2020, and Chris, Dave, and Jordan were livestreaming their reactions over on @Dumb Money LIVE while it happened. The most interesting thing to come from the event wasn't the new iPad Air or the Apple Watch SE: it was something that Apple only devoted like, two minutes to. Apple's introducing a new fitness program to compete with the likes of Peloton. Dumb Money fans know that Chris loves his $PTON — watch what happens live, as Chris, Dave, and Jordan react to Peloton stock (and $AAPL stock) swing up and down during the Apple event.

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Peloton is the leading interactive fitness platform in the world with a loyal community of more than 3.6 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first- of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love. The brand's immersive content is accessible through the Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Tread+, and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the US, UK, Canada and Germany.

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