“Lulu, Lulu, on the wall” — Lululemon acquires Mirror. Uber may buy Postmates. Netflix’s $100M black bank bet.
Athleisure icon Lululemon splurges $500M to acquire Peloton-ish in-home workout startup Mirror. Fresh off its acquisition breakup with Grubhub, Uber is looking to rebound with Postmates instead. And Netflix will stream $100M of its cash into black community banks to fix the bank desert hole in the financial system. $LULU $UBER $NFLX
Here’s a Robinhood Learn article, authored by Nick and Jack (What is an ETF): https://bit.ly/3gfhd48
Here’s Robinhood’s Newsfeed, accessible if you download the Robinhood app and set up an account: Snackspodcast.robinhood.com