Bike

The 5 coolest features of Peloton's new $2,495 premium bike, from a rotating high-definition screen to automatic resistance control

9 days ago   |   By

Peloton's new Bike+.
Peloton
Peloton just dropped Bike+, a new premium stationary bike model with enhanced features, that hits the market on September 9.
For $2,495, Bike+ is designed to make it "easier to complement an indoor cycling class with Peloton's strength, yoga, stretching, and meditation classes," according to the company.
We took a look at some of the coolest features, including a rotating high-definition screen and instant Apple Watch synching, to determine how they compare to the original model.
Visit Business Insider's homepage for more stories .
Peloton may have dropped the...
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Peloton surges 14% after it expands product portfolio with new bike, cuts price

9 days ago   |   By

Peloton
Peloton surged 14% on Tuesday to near record highs after it announced two new exercise products, along with a price cut to its existing connected bike. Peloton introduced the new Peloton Bike+, a premium version of its already popular connected bike, as well as the Peloton Tread, a budget version of its treadmill that was originally launched in 2018. Peloton cut the price of its Peloton bike by $350, making it more affordable for consumers who had sticker shock with the original $2,245 price tag. CFRA Research is cheering the move, and boosted its price target on shares to $90 from...
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Peloton promises to refund price difference to angry customers who just bought a bike before the much-anticipated $350 price drop

10 days ago   |   By

The original Peloton bike is now $350 cheaper.
Peloton
Peloton is automatically refunding $350 to consumers who recently purchased a bike after the company announced a much-anticipated price drop to its popular stationary bicycle on Tuesday.
However, frustrated Peloton users are taking to Twitter to complain about the change, including users who narrowly missed the 30-day window for refund eligibility and those who waited weeks for their back-ordered purchases.
According to a blog post shared on the Peloton website , users can expect to see the funds return to their bank accounts in the...
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