Peloton stock jumps on Lululemon partnership

Two fitness brands are teaming up. Peloton (PTON) and Lululemon Athletica (LULU) have announced a new five-year partnership. As part of the deal, Peloton will become the "exclusive digital fitness content provider" for Lululemon, while Lululemon will become Peloton's "primary athletic apparel partner." Yahoo Finance Live breaks down the announcement.