Is Peloton’s Tread+ Recall An Opportunity To Buy The Stock?
- Friday, May 7, 2021, 7:25
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Peloton’s stock (NASDAQ: PTON) fell by almost 15% in Wednesday’s trading, after the company said that it would be carrying out voluntary recalls of its treadmill machines – the Tread+ and Tread over safety issues, offering users a full refund. The Tread+ treadmills were reportedly responsible…