The flotation of the online lender extends "a frenzied run of tech IPOs dating back to the second half of last year."
The deal will enable Peloton to add production capacity for its at-home fitness equipment amid increased demand fueled by the coronavirus pandemic.
″Investors are taking recent losses in IPOs — and investors are fleeing for safety in larger caps and Treasurys,” a market expert says.
MetLife, Honeywell, CVR Energy, Extended Stay America, Papa John's, Peloton, LGS Innovations, Enphase Energy, Conifer Health, Emergent BioSolution