YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Peloton is temporarily halting production of its exercise bikes and treadmills.
CNBC reports the company is responding to a dip in consumer demand. Peloton additionally is looking to control costs, according to the report.
Over the past year, Peloton's market cap has dropped by $40 billion.
Read more from CNBC.
