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Peloton CEO says it’s a dream to lower core bike prices

Peloton CEO on earnings, the future of connected fitness and new US manufacturing plan
Peloton has verified it’s been subpoenaed by theU-S Department of Justice and the Department of Homeland Security over its reporting of routine injuries. It comes after the” at- home” fitness company delivered worse- than- anticipated daily results. First quarter deals outlook missed estimates as Peloton slashed the price of its most popular bike. Emily Chang spoke simply with Peloton CEO, John Foley.( Source Bloomberg)

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