Over 1 Year Ago
1 Min Read

FXLV shares jumped 5% today. The primary reasons:



F45 Training Holdings Inc (FXLV) is trading 5% higher at $2.665 today. The stock is strongly outmatching peers on a mildly cheerful day for the Consumer Discretionary sector.

The stock continues to sharp price swings. Some recent news:

- F45 Training Holdings Inc. (“F45”) is the fastest growing fitness franchisor in the world, according to Entrepreneur.
- The company has announced strategic updates to align with macroeconomic conditions and current business trends.
- After founding F45 and successfully leading it for a decade, President, CEO, and Chairman of the company Luke Derbyshire is transitioning to a new role as Executive Chairman.
- Founder and Co-Chief Executive Officer of F45 Daniel James will become Chief Executive Officer.

F45 Training Holdings Inc has been trading between a 52-week high of $16.44 and a 52-week low of $0.7857. The stock has a market cap of $257 Million.

F45 offers consumers functional 45-minute workouts that are effective, fun and community-driven. F45 utilizes proprietary technologies: a fitness programming algorithm and a patented technology-enabled delivery platform that leverages a rich content database of over 3,900 unique functional training movements to offer new workouts each day and provide a standardized experience across the Company’s global footprint.