: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.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooSG - 🏆 3. / 71 Read more »