Peloton Slashes Strength-Training Product Price By 40%: Reuters

  • Peloton Interactive Inc's PTON strength training product, Peloton Guide, is available at a starting price of $295, about 40% lower than the original price, Reuters reported.
  • The Guide will be available for purchase in the U.S., Canada, U.K., and Australia starting today.
  • The Guide turns the TV or computer monitor into a big-screen player for Peloton's fitness content and a digital mirror for workouts.
  • The company launched the Peloton Guide last year with a starting price of $495.
  • Price Action: PTON shares are trading lower by 4.86% at $26.46 on the last check Tuesday.
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