Advertisement
Australia markets closed
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • AUD/USD

    0.6508
    +0.0008 (+0.13%)
     
  • OIL

    82.91
    +0.10 (+0.12%)
     
  • GOLD

    2,324.90
    -13.50 (-0.58%)
     
  • Bitcoin AUD

    98,828.97
    -3,713.80 (-3.62%)
     
  • CMC Crypto 200

    1,385.99
    -38.11 (-2.68%)
     
  • AUD/EUR

    0.6074
    +0.0004 (+0.06%)
     
  • AUD/NZD

    1.0949
    +0.0007 (+0.06%)
     
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,295.93
    +94.66 (+0.55%)
     
  • NIKKEI 225

    37,686.30
    -773.78 (-2.01%)
     

Peloton Says a Cheaper Treadmill Could Be a Rich Opportunity

Peloton Says a Cheaper Treadmill Could Be a Rich Opportunity

Rumors of cheaper home fitness equipment from Peloton Interactive (NASDAQ: PTON) have gotten more of a workout from analysts than consumers working up a sweat on one of its pricey stationary bikes, but CFO Jill Woodworth says lower-cost equipment might finally be on the drawing board. Despite the cost of its bikes and treadmills, Peloton is still seeing strong consumer demand for them.