/cloudfront-us-east-2.images.arcpublishing.com/reuters/ZU6PZVJNZVPYNGJVDXP3XWZUBQ.jpg "Peloton to hike monthly fee for on-demand fitness content – CNBC"){kind=small}
A stationary bicycle inside of a Peloton store is pictured in the Manhattan borough of New York City, U.S., January 25, 2022. REUTERS/Carlo Allegri/File Photo
Register now for FREE unlimited access to Reuters.com
April 14 (Reuters) – Exercise equipment maker Peloton Interactive Inc (PTON.O) is hiking the monthly fee for its on-demand fitness content for the first time ever, while lowering the prices of its Bike, Bike+ and Tread machines, CNBC reported on Thursday.
Peloton did not immediately respond to a Reuters request for comment.
Shares of the company turned positive to trade up 2% in morning trade.
Register now for FREE unlimited access to Reuters.com
Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh Kuber
Our Standards: The Thomson Reuters Trust Principles.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ZU6PZVJNZVPYNGJVDXP3XWZUBQ.jpg&description=Peloton+to+hike+monthly+fee+for+on-demand+fitness+content+%E2%80%93+CNBC){kind=link}