Peloton Was Winning and Blew It May 06 2021, 2:02 AM May 05 2021, 10:37 PM May 06 2021, 2:02 AM (Bloomberg Opinion) -- Peloton, you blew it. (Bloomberg Opinion) -- Peloton, you blew it. The undisputed king of home workouts is initiating a safety recall of all its treadmills following reports and videos of children and pets getting sucked underneath the Tread+. In one instance, a 6-year-old died. The Tread, a cheaper version of the machine, is also being recalled because the mounted touchscreen sometimes detaches and falls off. Shares of Peloton Interactive Inc. â which beat every stock in the Russell 1000 index last year except Tesla Inc. and Enphase Energy Inc. â plunged 13% Wednesday to their lowest price since September. Its market capitalization peaked at $49 billion in January, but is now down to $24 billion.Â