Diamonds and Dogs
Manchester United (MANU) is jumping 7% after the announcement of plans to join the breakaway European Super League (ESL). Twelve clubs, including Manchester United, Juventus of Turin, Real Madrid and Barcelona agreed Sunday to form a breakaway league that would play mid-week home and away matches alongside their regular domestic league fixtures, starting in August. The league is expected to expand to fifteen teams, and ultimately 20. Many of the European leaders are against the plan as critics say it's a cynical project founded on the self-interest of a few clubs.
Peloton (PTON) down 7% after consumer product safety commission warns families with small children and pets to stop using Peloton's Tread+ machine and went one step further asking the exercise equipment maker to recall the product. Peloton on Saturday called the warning "inaccurate and misleading."
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