Pelton can’t get up for falling down
$PTON 7.01 ▼ -0.52 (-6.84%) today
Recalled 2.2 million Peloton Model PL01 stationary bike Thursday over a safety issue with bikes’ seat
Consumer Product Safety Commission urged Peloton users “immediately stop” riding
Peloton, which has struggled since sales surged in the early months of the Covid-19 pandemic when gyms were largely shut down, had received 35 complaints from customers, including 13 that said they were injured as a result of the faulty seat.
$1,400 is the price of Peloton’s Model PL01 at-home bike, which it sold at its own stores, online and at Dick’s Sporting Goods starting in January 2018, according to the CPSC