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PTON - Impeachment: This Honey Badger Market Doesn't Care Ride The Trend With These Trades
Peloton Interactive Inc.
Mergers Three Days in a Row
We are now well over $100 billion in the last six weeks in announced M&A. Talking heads still haven’t caught on that we are witnessing a significant acceleration in acquisitions. Peugeot Fiat Chrysler (FCAU) agrees to a $50 billion dollar deal, while Cigna (CI) sells its non-healthcare unit to NY Life for $6 billion-plus. NY Life is not public, but the point is they still went to the public market to buy.