Peloton stock derails on report that user growth has hit the brakes

Peloton logo on the side of a stationary bicycle

Peloton Interactive Inc.’s chief executive said on Thursday the company was reviewing the size of its workforce and “resetting” production levels, following a report earlier in the day that it was temporarily halting production of connected fitness bikes and treadmills after a significant drop in demand.

CBC | World News

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