Mother says her son was killed by Peloton bike
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Mother sues Peloton after son was killed when bike fell on him, slashing his neck artery.
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Incident occurred during 'Core' workout that requires riders to get on/off bike. Mother alleges Peloton should have warned of injury risk.
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Peloton blames man's own negligence. This is latest in string of deaths/injuries involving Peloton equipment.
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Company has struggled after huge pandemic sales boost. Recently laid off workers, looking to shift brand from at-home fitness to "health."
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Peloton expects continued losses next 2 quarters due to seasonal sales changes, inventory costs, but forecasts profitability in 2nd half of 2024.