• Triton

Peloton is not WeWork or Endeavor

In an appearance on this morning's Squawk Box on CNBC, Triton's Rett Wallace explained how Peloton's day one trading decline could still be seen as a positive in light of the recent inability of big names such WeWork and Endeavor to make it public. "The difference is that Peloton got done at the high end of the range, raised $1.2 billion, and is worth $11 billion. WeWork and Endeavor said 'we'll do this later'" Excerpt from CNBC's Squawk Box - HERE