Peloton Stock Fell After Treadmill Warning. Wall Street Sees a Chance to Buy
PelotonInteractive is fighting a U.S. regulatory warning about the safety of its treadmills after a deadly accident involving a child. Analysts say a drop in the stock price that followed the news represents a buying opportunity.Last week, the Consumer Product Safety Commission said people should stop using Peloton’s Tread+ machine if they had small children or pets at home, asking the exercise equipment maker to recall the product.Peloton on Saturday called the warning “inaccurate and misleadin