Market Pulse: Peloton’s stock skids, following report it will pause production of bikes, treadmills

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Shares of Peloton Interactive were halted midday Thursday after a report from CNBC said the exercise equipment maker was temporarily halting production of its fitness products due to slumping demand.

Shares of Peloton Interactive were halted midday Thursday after a report from CNBC said the exercise equipment maker was temporarily halting production of its fitness products due to slumping demand.