#420m

Market sentiment is divided between short-term technical signals and long-term structural growth. The Shiba Inu (SHIB) price prediction hinges on resistance at $0.00001450 and support at $0.00001300–$0.00001320, levels that traders consider pivotal. Meanwhile, the Ripple (XRP) price analysis indicates a possible buy signal at $2.97, with the $2.95–$2.97 range acting as the base and the…

$420M in leveraged long traders liquidated after XRP rallies to $1.96

XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.  In addition to achieving its highest level since January 2018, this robust price increase signals that investors are not worried about the ongoing SEC “unregistered securities offering” dispute. However, just 6 hours after rallying to $1.96, XRP…

Peloton stock heads towards record after $420M Precor acquisition announced

Peloton Interactive Inc. PTON, +11.93% stock soared nearly 12% in Tuesday trading, heading toward a record close, after the fitness company announced a $420 million deal to acquire Precor, a global commercial fitness business. The deal will establish 625,000 square feet of U.S. manufacturing capability for Peloton, which has struggled to keep up with demand throughout the coronavirus…

Peloton to acquire fitness equipment maker Precor in $420M bid to grow commercial business – TechCrunch

Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in a hotel or standalone commercial gym, which is exactly why Peloton making this purchase makes a ton of sense at this particular time for the hot home workout brand. The Precor acquisition will be…