peloton interactive inc pton announced tuesday that its rental program was expanding nationally allowing unlimited access to all of the athome fitness companys live and ondemand classes from 89 per month for the original peloton bike the program which was launched in select test markets earlier this year would provide monthtomonth membership with no longterm commitment the 89permonth membership for peloton bike would require a onetime 150 set up fee and cost 895 to buy after 12 months for peloton bike membership would be 119 per month after a 150 onetime set up fee and would cost 1595 to buy after 12 months the news comes after peloton said late monday that cofounder john foley who stepped down as chief executive in february has resigned effective immediately and cdfounder and chief legal officer hisao kushi will resign effective oct 3 the stock which dropped 53 premarket has tumbled 691 year to date through monday while the sp 500 spx has shed 138