Peloton’s stock tanks after US agency issues ‘urgent’ safety warning

Shares of Peloton tumbled on Monday after the US government issued an “urgent warning” to owners of the company’s Tread+ treadmill that advised them to stop using the machine. On Saturday, the US Consumer Product Safety Commission said it has learned of 39 accidents involving the $4,295 treadmill, including “multiple reports of children becoming entrapped,… Continue reading at New York Post