Peloton’s stock price stumbled 6% on Thursday shortly after the company announced it would voluntarily recall some 833,000 exercise bikes due to an issue that could cause seats to break during use.
Peloton's annual revenue could shrink for the fifth straight year in fiscal 2026.
NEW YORK(AP) — Peloton is recalling nearly 878,000 of its exercise bikes across the U.S. and Canada because the products' seat posts can break during use, posing fall hazards. According to notices ...
Peloton on Friday named a former Apple executive as its new boss in hopes of reviving the struggling company — and the move immediately paid big dividends with the stock racing nearly 30%. Peter Stern ...