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Peloton is recalling 2 million exercise bikes due to injury risks and its stock is slipping

Published: May 11, 2023 at 9:41 a.m. ET By Emily Bary Affected U.S. owners of the original exercise bike will be able to receive a new seat that they can install themselves Peloton’s recall affects its original exercise bike in the U.S. Peloton Referenced Symbols PTON -7.37% SPX -0.38% Peloton Interactive Inc. plans to recall
Financial Press

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peloton-is-recalling-2-million-exercise-bikes-due-to-injury-risks-and-its-stock-is-slipping

Affected U.S. owners of the original exercise bike will be able to receive a new seat that they can install themselves

Peloton’s recall affects its original exercise bike in the U.S.

Peloton

Peloton Interactive Inc. plans to recall 2.2 million exercise bikes due to injury risks and offer a replacement seat that users can install themselves.

Shares of the maker of connected fitness equipment PTON were off 7% in morning trading after the company and the U.S. Consumer Product Safety Commission both put out statements on the recall.

“The…

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