Why This Hedge Fund Is Betting Big on Peloton

In the past week, Tiger Management descendant Woodson Capital Management has made a large investment in the exercise bicycle company.

(Jeenah Moon/Bloomberg)

(Jeenah Moon/Bloomberg)

Woodson Capital Management has doubled down on Peloton Interactive.

The firm, a so-called Tiger Seed because it got started with capital from legendary hedge fund firm Tiger Management, revealed on Friday that it more than doubled the number of common shares it owned in the maker of pricey exercise bicycles and streaming fitness classes to nearly 4.5

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