Peloton begins IPO roadshow, seeks $29 per share for upcoming listing


Peloton unveiled pricing plans for its upcoming NASDAQ listing.

The New York-based fitness startup plans to charge between $26 and $29 per share, according to an amended S-1 filing.

The high-end share price would value the company, known for making stationary bikes and treadmills, at $8 billion.

Peloton's initial public offering (IPO) roadshow was expected to begin today (h/t Bloomberg).

The development comes on the heels of Peloton's reporting a net loss of $195.6 million during fiscal 2019.…

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