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A laggard in the past, this year, Nautilus, Inc. (NLS), a fitness solutions company, has rallied together with much-hyped Peloton Interactive, Inc. (PTON) on investor hopes that gym closures would spur demand for in-home fitness equipment and catapult the revenues of these players.
The momentum has been so strong that the Wall Street Journal's Heard On The Street column has recently warned that the incessant rally could be overdone; hence, the upside is uncertain, and the price correction is looming. Even CEO Mr. Barr emphasized during the