Shareholder Alert: Robbins LLP Reminds Investors It is Investigating Peloton Interactive, Inc. (PTON)

November 6, 2019 (San Diego, CA & New York, NY) – Shareholder rights law firm Robbins LLP is investigating Peloton Interactive, Inc. (NASDAQ: PTON) for potential violations of federal securities laws pursuant to its September 2019 initial public offering ("IPO"). Peloton completed its IPO on September 25, 2019, 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.