Peloton Recalls 2.2 Million Exercise Bikes

Peloton Recalls 2.2 Million Exercise Bikes
Peloton Recalls , 2.2 Million Exercise Bikes.
NBC reports that Peloton is facing its second major recall over safety concerns.
.
In a May 12 release, the Consumer Product Safety Commission (CPSC) said that the bikes' seat posts can break while in use, posing an injury risk to users.
.
In a May 12 release, the Consumer Product Safety Commission (CPSC) said that the bikes' seat posts can break while in use, posing an injury risk to users.
.
According to the CPSC, the fitness company has already received 35 reports of the seat post breaking and 13 subsequent injuries.
.
NBC reports that those injuries have included a fractured wrist, lacerations and bruises.
.
Consumers should immediately stop using the recalled exercise bikes and contact Peloton for a free repair.
, Consumer Product Safety Commission, via statement.
Peloton is offering consumers a free seat post that can be self-installed, Consumer Product Safety Commission, via statement.
Following the May 11 announcement, Peloton stock was down 7%.
NBC reports that Peloton last faced a widespread recall in May of 2021.
.
NBC reports that Peloton last faced a widespread recall in May of 2021.
.
At the time, the company was forced to recall 125,000 of its Tread+ treadmills after a number of incidents were reported, including the death of a child.
Patty Davis, a spokesperson for the Consumer Product Safety Commission, said that U.S. emergency rooms treated an estimated 22,500 treadmill-related injuries in 2019