• NBCUniversal bags $178M as it cashes in surging Peloton shares

    NBCUniversal bags $178M as it cashes in surging Peloton shares

    NBCUniversal has sold a $178 million stake in stationary-bike company Peloton, whose shares have lately been surging because of the coronavirus crisis. The Comcast-owned broadcaster — an early investor in Peloton, which went public last September — has been looking at its portfolio of investments as it seeks to shore up its cash reserves amid …