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Replies to post #78438 on Magic

Replies to #78438 on Magic

MWM

02/21/20 3:51 PM

#78440 RE: PDC ™ #78438

I'm hard on PTON? ;)

Come Monday, some 90% of Peloton’s shares outstanding will be freed up, opening the first window for insiders and early investors to sell since the company’s September initial public offering. This particular lock-up -- similar to Lyft’s -- expires short of the traditional 180-day lock-up period that most companies follow.