Peloton said it has received 120 reports of pedal breakages and 16 reports of injuries, due to the first-generation pedals. Of those injuries, five people required medical care, including stitches, the company said.
While no other versions of its pedals have been affected by the recall, Peloton said it recommends customers change their bike pedals annually.
“There is no greater priority than the safety and well-being of Peloton members,” the company said in a statement to CNBC. “This recall only affects members who still have their out-of-warranty original pedals on the affected bikes sold in the specific time period.”
Peloton shares were up about 4% early afternoon Thursday, touching an all-time intraday high of $137.24. Its stock is up more than 380% year to date.