PTON - Fitness check: Xponential Fitness stumbles in IPO open at-home fitness stocks rally for the week

Xponential Fitness (XPOF) opens for trading at $11.20 after the company priced its IPO at $12 per share. The weak opening follows a downsize in the IPO to 10M shares from 13.3M shares. California-based Xponential Fitness calls itself a curator of leading boutique fitness brands across multiple verticals. The company's diversified portfolio of brands spans a variety of fitness and wellness verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running and yoga, and offers energetic, accessible, and personalized workout experiences Sector watch: Planet Fitness (PLNT) has recovered from its Delta variant anxiety sell-off, while it has been a strong week for some at-home fitness stocks with Beachbody (BODY) up 30.89%, Nautilus (NLS) 9.22% higher and Peloton Interactive (PTON) 7.55% higher. The big news for the week was Peloton's eye-opening partnership with UnitedHealthcare.

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Fitness check: Xponential Fitness stumbles in IPO open, at-home fitness stocks rally for the week