[unable to retrieve full-text content]Ducati US CEO: Demand ‘very strong’ even for high-priced bikes Yahoo Finance Source link
Read More »Ducati US CEO: Demand 'very strong' even for high-priced bikes – Yahoo Finance
Peloton stock is crashing on reports it’s halting production of bikes and treadmills
The bad news flywheel continues to be spinning in warp speed at Peloton (PTON). Shares of Peloton crashed 22% to $26 on Thursday after a CNBC report that the struggling fitness company would temporarily halt production of its bikes and treadmills due to sluggish consumer demand. Shares fell below the company’s September 2019 IPO price of $29. The company will reportedly stop producing its bikes for two months and treadmills for six weeks. A Peloton spokeswoman didn’t return Yahoo… Source link
Read More »Spin’s electric scooters and bikes are now on Google Maps – TechCrunch
Ford-owned micromobility company Spin has announced an integration with Google Maps. Now, users planning their trips in 84 cities, towns and campuses across the U.S., Canada, Germany and Spain will be able to view Spin’s electric scooters and bikes on the app while planning their trip. Spin joins its top competition on the popular mapping app, Lime, which also recently announced an integration with transit planning app Moovit. We can expect to see further integrations… Source link
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