Peloton Interactive falls on report that new product projects are halted for next year

Dec. 14, 2021 9:10 AM ETPeloton Interactive, Inc. (PTON)By: Clark Schultz, SA News Editor25 Comments

Peloton store exterior view

Sundry Photography/iStock Editorial via Getty Images

  • Peloton Interactive (NASDAQ:PTON) swings lower in early trading after DigiTimes reports that the company has halted new product projects for 2022.
  • Keep an eye on shares later today with Peloton's top marketing exec set to hold a timely interview with AdAge on YouTube on the topics of the HBO flareup and new products.
  • Shares of Peloton Interactive (PTON) are down 4.69% in premarket action to $39.40.
  • Read what Seeking Alpha authors think about Peloton.

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