Peloton is recalling 2 million exercise bikes due to injury risks, stock slips

Peloton Interactive Inc. plans to recall 2.2 million exercise bikes due to injury risks and offer a replacement seat that users can install themselves.

Shares of the maker of connected fitness equipment PTON were off 7% in morning trading after the company and the U.S. Consumer Product Safety Commission both put out statements on the recall.

“The…