Apple Announces Cheaper Rival Fitness Service From Dec. 14: Peloton Shares Fall Briefly But Recover

  On Tuesday, Apple announced that it would be launching Fitness+ on December 14. Fitness+ is a subscription service that offers digital fitness classes costing $9.99 for a monthly subscription or $79.99 for a yearly subscription. This news resulted in a dip of Peloton shares by 2% in pre-market trading. After the markets opened, the … Continue reading Apple Announces Cheaper Rival Fitness Service From Dec. 14: Peloton Shares Fall Briefly But Recover