Streetbeat News

BODY

Beachbody Company Inc (The)

Industry

Offices of Lawyers

Open

8.73

Mkt cap

56M

Volume

18K

High

8.73

P/E Ratio

-0.39

52-wk high

28.50

Low

8.04

Div yield

N/A

52-wk low

6.31

Trading for The Beachbody Company shares has resumed after a temporary halt. The company, which may be referred to by its ticker symbol BODY, is back on the market for investors to buy and sell its stock.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:21 pm

Shares of The Beachbody Company were halted due to a circuit breaker after surging 43.2%.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:16 pm

The Beachbody Company's shares have resumed trading. There is no additional context provided regarding the reason for the halt or the implications for the future trading of BODY stock.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:15 pm

Trading in shares of The Beachbody Company (BODY) has been halted. The reason for the halt has not been disclosed, leaving investors awaiting further details.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:12 pm

DLocal Limited reported lower-than-expected Q3 earnings and sales, reaffirmed FY23 revenue guidance below estimates, and announced the CFO's departure, causing shares to drop 12.9% in pre-market. Other stocks experiencing pre-market losses include Guess?, The Beachbody Company, Gaotu Techedu, Virgin Galactic, Autodesk, MorphoSys, Symbotic, and HP Inc. Reasons for declines vary from disappointing financial results to company-specific news such as reverse stock splits and study results.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 11:05 am

The Beachbody Company, Inc. (NYSE:BODY) has completed a 1-for-50 reverse stock split, effective November 21, 2023. The split-adjusted trading is expected to start on November 22, 2023. This move is part of a turnaround plan aimed at driving profitability and compliance with NYSE's minimum price requirements. The plan includes cost savings of $165 million by year-end and new revenue opportunities. The reverse stock split reduces Class A common stock from 177.81 million to 3.56 million shares and Class X from 136.45 million to 2.73 million shares. Fractional shares will be paid in cash, and no action is required from stockholders holding shares through intermediaries.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:15 pm

In Thursday's pre-market session, several consumer discretionary stocks experienced significant movements. XWELL, Yoshitsu Co, Educational Development, Esports Entertainment, Jiuzi Hldgs, and Beachbody Co were among the gainers, with increases ranging from 9.3% to 20.7%. Conversely, Volcon, PLBY Group, Children's Place, Kaixin Auto Hldgs, Yoshiharu Global, and Niu Techs saw their shares decline, with drops between 4.92% and 36.9%. Notably, Children's Place and Yoshiharu Global recently released their Q3 earnings.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 1:06 pm

The Beachbody Company has introduced a new subscription tier called 'BODi Previews', which is the first of its kind for the company. This new tier aims to provide customers with a taste of the Beachbody On Demand interactive (BODi) content before they commit to a full subscription. The move is designed to attract new users by offering them a preview of the company's fitness and wellness content.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:52 am

In Thursday's pre-market session, several consumer discretionary stocks showed significant movement. Full House Resorts, Carrols Restaurant Group, Zapp Electric Vehicles, Soho House, Duolingo, and Beachbody Co saw increases in their share prices, with Full House Resorts leading with a 19.7% increase. On the other hand, Inspired Entertainment, Topgolf Callaway Brands, Allbirds, AYRO, Luminar Technologies, and Lottery.com experienced decreases, with Inspired Entertainment seeing the largest drop of 30.5%.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 1:06 pm

The Beachbody Co has projected its Q4 2023 revenue to be between $105M and $115M, which is lower than the estimated $118.32M. The company also expects a net loss of between $30M and $25M. Adjusted EBITDA is forecasted to be between a loss of $6M and $1M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:41 pm

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