Shareholder Alert: Robbins LLP Reminds Investors It is Investigating Peloton Interactive, Inc. (PTON)

Shareholder rights law firm Robbins LLP is investigating Peloton Interactive, Inc. (NASDAQ: PTON) for potential violations of federal securities laws pursuant to its September 2019 initial public offering ("IPO"). Peloton completed its IPO on September 25, 2019, offering shares at $29.00 per share and raising $1.16 billion in proceeds. Since its IPO, Peloton's stock has continued to decline and currently trades at around $23, representing an almost 21% decline from its IPO price. Peloton provides interactive fitness products in North America.

If you suffered a loss as a result of Peloton's misconduct, click here.

Peloton Interactive, Inc. (PTON) Shareholders Have Legal Options

Robbins LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.

Attorney Advertising. Past results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191107005872/en/

Leo Kandinov Robbins LLP 5040 Shoreham Place San Diego, CA 92122 LKandinov@robbinsllp.com (619) 525-3990 or Toll Free (800) 350-6003 www.robbinsllp.com

Peloton Interactive (NASDAQ:PTON)
Historical Stock Chart
From Mar 2024 to Apr 2024