Peloton partners with TikTok, and shares race 14% higher

Peloton partners with TikTok, and shares race 14% higher

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Peloton Interactive Inc. shares surged Thursday after the connected-exercise platform announced an exclusive partnership with TikTok. The deal will create a dedicated Peloton hub on the video-based social network with custom Peloton content, the companies said in a joint statement. TikTok users…

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