NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, is investigating potential claims against Peloton Interactive, Inc. (NASDAQ: PTON) on behalf of Peloton stockholders. Our investigation concerns whether Peloton has violated the federal securities laws and/or engaged in other unlawful business practices.
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On September 25, 2019, Peloton completed its IPO, 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 purchased or otherwise acquired Peloton shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.