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Peloton halts production of bikes and treadmills, and stock takes a tumble

Peloton shares sank 20% Thursday after it was reported to have temporarily halted production of its bike and treadmill products because waning consumer demand. [Source]

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Origin: cnn.com

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Topics: Peloton, production, bikes, treadmills, stock, takes, tumble, shares, halts, reported, halted, treadmill, products, because, waning, consumer, temporarily, demand

Source: https://www.cnn.com/2022/01/20/investing/peloton-halts-production-report/index.html

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