Shares in the exercise bike maker, once a pandemic darling, closed down 24% at about $24, wiping off nearly $2.5 billion in market value. "We now need to evaluate our organization structure and ...

Shares of Peloton Interactive Inc (NASDAQ: PTON) plummeted Wednesday after the company issued a recall of its Tread and Tread+ treadmills.

A U.S. judge on Thursday said Peloton Interactive Inc must face a proposed class action lawsuit accusing the fitness equipment maker of misleading customers about the "ever-growing" size of its ...

Shares in the exercise bike maker, once a pandemic darling, closed down 24% at about $24, wiping off nearly $2.5 billion in market value. "We now need to evaluate our organization structure and size ...

Peloton says demand had seen ‘significant reduction’ and plans to pause bike production for two months. It also won’t manufacture its Tread treadmill machine for six weeks ...

Peloton Interactive Inc’s chief executive said on Thursday the company was reviewing the size of its workforce and “resetting” production levels, following a report earlier in the day that it was ...