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Fitness startup aims to raise over $1 billion ahead of IPO

Peloton is seeking to raise around $1 billion, according to a regulatory filing released last night. The company plans to offer 40 million shares at a price between $26-29, making Peloton’s valuation about $8.6 billion. Yahoo Finance’s Zack Guzman and Sibile Marcellus discuss with BigEyedWish Founder Ian Wishingrad.