Peloton is recalling more than 2 million exercise bikes over a safety concern with its bike seat post, and the Consumer Product Safety Commission said it's received some injury reports.

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Peloton Recalling 2.2 Million Exercise Bikes

Recalling over two million exercise bikes over a safety concern. The consumer product safety commission says the bike seat post can break while someone is using it which could cause them to fall and get hurt. The organization added that it's already received 35 reports of the seat post breaking and detaching from the bike during use and 13 reports of injury consumers can Peloton for free repair. The company is offering customers a free bike seat replacement that you can self install. Well, it's the second major recall for Peloton in 2021. It had to recall 125,000 of its treadmills. Also for safety concerns. Stock is down close to 9% today.