Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Adam Eckert

EXPLAINED: Why peloton shares are bouncing back today - The Real Truth

Peloton Interactive Inc (NASDAQ:PTON) is trading higher Friday, bouncing back after the stock plunged yesterday on reports the company planned to temporarily halt production of some of its products as a result of waning consumer demand.

Peloton CEO John Foley responded in a note to the Peloton team Thursday night.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.