SAN DIEGO & NEW YORK--(BUSINESS WIRE)--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.
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Peloton Interactive, Inc. (PTON) Shareholders Have Legal Options
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