Peloton shares briefly fall as Apple announces cheaper rival fitness service launches Dec. 14
Apple announced the release Fitness+, its subscription service for digital fitness classes, on Tuesday. The news sending shares of Peloton lower in pre-market trading but they recovered in the morning and are up slightly. Apple’s service, which launches Dec. 14, will cost $9.99 per month or $79.99 per year. Users can watch workout videos on their iPhones, iPads, … Read more