Indoor bike brand Peloton's share price raises value to reported $8 billion

The interactive spin bike company enters American stock exchange amid $300 million damages bill

(Image credit: SHAWN HUBBARD)

Peloton Interactive, Inc - the company behind the at home spin bike classes widely advertised this summer - has priced its Initial Public Offering (IPO) at $29 a share.

>>> What actually is ‘One Peloton’ and how much is the bike?

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Michelle Arthurs-Brennan