Home Business Peloton sell-off is a shopping for alternative, says Credit score Suisse

Peloton sell-off is a shopping for alternative, says Credit score Suisse

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A Peloton Interactive Inc. brand on a stationary bike on the firm’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.

Adam Glanzman | Bloomberg | Getty Pictures

Peloton shares fell greater than 14% on Wednesday after the corporate introduced a treadmill product recall, and Credit score Suisse is the newest Wall Avenue agency to say the dip presents a shopping for alternative.