Peloton stock sinks toward 9-month low after 125,000 treadmills recalled for ‘risk of injury or death’
May 05, 2021 at 12:55 PM EDT
Shares of Peloton Interactive Inc. plunged Wednesday, putting them on track to suffer the biggest one-day selloff in six months, after the at-home-fitness company said it was voluntarily recalling 125,000 Treat+ treadmills after more than 29 reports of injuries to children, and one death.
