Peloton pauses bike, treadmill production

By Anne D'Innocenzio
Updated January 20 2022 - 11:26pm, first published 11:21pm
Peloton shares have plunged 24 per cent after a report of a temporary halt to production.

Peloton's shares have tumbled after a media report said the exercise and treadmill company was temporarily halting production of its connected fitness products amid waning consumer demand.