- Peloton Interactive Inc (NASDAQ:PTON) has launched a new refurbished bikes program, Peloton Certified Refurbished.
- Refurbished Peloton Bike will be sold for $1,145, a $300 saving compared to a new Peloton Bike, and the Refurbished Peloton Bike+ will cost $1,995, a $500 saving compared to a new Peloton Bike+.
- The new offering will be available across the continental U.S. and in Canada.
- Every refurbished product will be inspected, cleaned and tested to meet Peloton standards, and is backed by the same 12-month limited warranty.
- The Refurbished bikes will contain the same features as the new Peloton Bike/Bike+.
- “We are excited to offer refurbished Peloton bikes at these new price points, opening the engaging Peloton experience to even more Members,” said Amanda Shulman, Vice President of Emerging Business & Strategic Partnerships.
- Also Read: 5 Peloton Analysts Break Down Q1 Sales Miss From Pandemic Stock Favorite
- Price Action: PTON shares are trading lower by 0.11% at $8.88 in premarket on the last check Tuesday.
Oppenheimer Initiates Coverage On Portman Ridge Finance with Perform Rating, Announces Price Target of $26
Oppenheimer analyst Mitchel Penn initiates coverage on Portman Ridge Finance (NASDAQ:PTMN) with a Perform rating and announces Price Target of $26.
