Peloton recalls 2.2m exercise bikes over seat issue Peloton Interactive will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue, the company said today, sending its shares down 7%. Business • 11 May 23
Peloton recalls 2.2m exercise bikes over seat issue Peloton Interactive will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue, the company said today, sending its shares down 7%. Business • 11 May 23
Peloton plans to replace CEO, overhaul board Peloton Interactive said today it would replace its chief executive officer, cut jobs and appoint new board members as the company wrestles with waning demand for its at-home fitness equipment. Business • 08 Feb 22
Peloton plans to replace CEO, overhaul board Peloton Interactive said today it would replace its chief executive officer, cut jobs and appoint new board members as the company wrestles with waning demand for its at-home fitness equipment. Business • 08 Feb 22
Peloton surges on reports of interest from Amazon, Nike Peloton Interactive's shares jumped by 22% in premarket trade today after reports of takeover interest from Amazon.com and Nike in the exercise bike maker that recently lost a majority of its share gains made during the pandemic. Business • 07 Feb 22
Peloton surges on reports of interest from Amazon, Nike Peloton Interactive's shares jumped by 22% in premarket trade today after reports of takeover interest from Amazon.com and Nike in the exercise bike maker that recently lost a majority of its share gains made during the pandemic. Business • 07 Feb 22
Peloton plans workforce size review, production changes Peloton Interactive's chief executive said the company was reviewing the size of its workforce and "resetting" production levels. Business • 21 Jan 22
Peloton plans workforce size review, production changes Peloton Interactive's chief executive said the company was reviewing the size of its workforce and "resetting" production levels. Business • 21 Jan 22
