Source: www.reuters.com
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(Reuters) - Exercise equipment maker Peloton Interactive Inc is hiking the monthly fee for its on-demand fitness content for the first time ever, while lowering the prices of its Bike, Bike+ and Tread machines, CNBC reported on Thursday.
Peloton did not immediately respond to a Reuters request for comment.
Shares of the company turned positive to trade up 2% in morning trade.
Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh Kuber
