Peloton rival iFIT postpones IPO on adverse market conditions

:iFIT Health & Fitness Inc postponed on Thursday its planned initial public offering, citing adverse market conditions, a day after the fitness equipment maker was scheduled to make its Nasdaq debut.

The Logan, Utah-based company, which was earlier known as ICON Health & Fitness, said it will continue to evaluate the timing for its IPO. The company's decision adds to increasing fears among investors over the volatility in capital markets, coming after a clutch of European companies, including France's Icade Sante, putting their IPO plans on ice.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Why the non-alcoholic drinks market is finally taking offThe global non-alcoholic beverages market is expected to grow from US$923 million in 2020 to more than US$1.7 trillion by 2028.
Fuente: YahooSG - 🏆 3. / 71 Leer más »