Peloton (PTON) Recalls Bikes, Hits All-Time-Low

Peloton (PTON) hits all-time low after recalling 2.2M bikes. Jenny Horne discusses this as the bikes were recalled following reports of injuries. PTON is not issuing a refund, but issuing replacement bike seats. BMO Capital notes that this recall won't have the same impact as the 2021 treadmill recall. Tune in to find out more about the stock market today.

Market On Close

12 May 2023

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