Peloton, the startup behind the connected fitness craze, files for IPO

• Peloton, a venture capital investor favorite, publicly released its documentation for its public offering on Tuesday.
• The connected fitness hardware maker confidentially filed its intent to go public earlier this year.
• It will trade on the NASDAQ under the "PTON" ticker.
• Visit Business Insider's homepage for more stories.

Peloton is going public.

The connected fitness hardware maker publicly released documentation for a planned public offering on Tuesday, according to a filing with the SEC. It will trade on the NASDAQ under the "PTON" ticker.

The startup, known for its subscription fitness classes and premium-priced stationary bikes, is a hit among venture investors in Silicon Valley and New York.

This story is developing...