Has the U.S. IPO market reached peak fitness? It may have, based on Thursday’s market, which saw the latest fitness company to go public — Life Time Group Holdings — flounder in early trade, while another expected this week, iFit Health & Fitness, postponed its deal, citing adverse market conditions. […]
IPO
UPDATE 2-Peloton rival iFIT postpones IPO as volatility concerns grow
(Adds details, background) Oct 7 (Reuters) – IFIT Health & Fitness Inc postponed its U.S. initial public offering on Thursday, citing unfavorable market conditions that have investors worried about growing volatility in capital markets. While the United States has recently enjoyed a bull run in its capital markets, defaults at […]