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Peloton Increases Prices of Bike+, The Tread; Plans to Cut Jobs Once More

Peloton states that the strategies and actions taken by the company are to grow the company further and forward.

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Peloton Introduces Peloton Guide, First Connected Strength Product

Peloton Introduces Peloton Guide, First Connected Strength Product
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Peloton's Robin Arzón Is Taking Her Postpartum Recovery Routine Very Seriously

Peloton's Robin Arzón Is Taking Her Postpartum Recovery Routine Very Seriously
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Peloton refuses to recall its Tread+ treadmill after 39 accidents. Its stock is tumbling

Peloton refuses to recall its Tread+ treadmill after 39 accidents. Its stock is tumbling CNN 3 hrs ago © Peloton The Peloton Tread+. Peloton shares fell 4% in early trading following an urgent warning from the United States government telling owners of the company s Tread+ to stop using the machine. On Saturday, the Consumer Product Safety Commission said it has become aware of 39 accidents involving the $4,295 treadmill, including multiple reports of children becoming entrapped, pinned, and pulled under the machine. The CPSC said it s urging customers with small children and pets to stop using the machine immediately. A child died in March in an incident involving the machine.

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Peloton's Tread, its less pricey treadmill, still costs $2,495, and it's enormous

Peloton is releasing a lower-priced treadmill to become more than a purveyor of high-end stationary-bikes.

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