Peloton Interactive Inc
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Peloton Interactive Inc
Peloton Interactive is a US provider of sports and exercise equipment, based in New York. For a monthly subscription fee, members can take advantage of its mobile app, which comes with workout videos that are streamed live and on-demand. The company’s most popular product is the Peloton bike, which comes with a touchscreen, speakers and sound system in order to connect the fitness app. Other fitness equipment and accessories are also available to purchase, or customers can become digital members of the app, where they can use their own equipment. Founded in 2012, Peloton’s stock has steadily increased since its IPO in 2019, thanks to the increasing demand for home workouts and a growing emphasis on fitness. Start spread betting or trading CFDs on Peloton’s share price today.
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