Streetbeat News

TRNR

Interactive Strength Inc.

Industry

Personal Products & Services

Interactive Strength Inc., doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance. It also provides video on-demand classes, and personal training and expert health coaching services. The company sells its products through retail stores, as well as online. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

Open

0.07

Mkt cap

Volume

24M

High

0.07

P/E Ratio

N/A

52-wk high

47.60

Low

0.05

Div yield

N/A

52-wk low

0.05

Several consumer discretionary stocks experienced significant price movements during Thursday's intraday session. Notable gainers included EVgo, Gogoro, and NWTN, while TCTM Kids IT Education and Youdao were among the biggest losers.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 4:31 pm

Interactive Strength, under the brand CLMBR, has secured exclusive distribution rights and received two orders in Q3 for its fitness equipment in Indonesia through PrimaFit.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 11:11 am

Several consumer discretionary stocks experienced significant price movements during Wednesday's intraday session. Notable gainers included Genius Gr, Pinstripes Holdings, and Twin Vee PowerCats, while Stitch Fix and Target Hospitality were among the major losers.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:42 pm

Interactive Strength Inc. (NASDAQ:TRNR) shares surged after the company announced that its CLMBR brand met EU compliance requirements, allowing it to fulfill orders in Germany, Switzerland, and Austria. The company expects significant revenue growth as it enters major European fitness markets.

Portfolio Pulse from Lekha Gupta

September 24, 2024 | 3:36 pm

Interactive Strength's shares rose after announcing that its product, CLMBR, met EU-wide compliance requirements, potentially expanding its market reach.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:14 pm

Interactive Strength has successfully passed EU compliance for its CLMBR product and will begin fulfilling orders in Europe and the UK immediately.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 11:08 am

Interactive Strength has been granted a European patent for its 'Interactive Exercise Machine System With Mirror Display And 3D Camera System'. This patent could enhance the company's competitive edge in the fitness technology market.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 7:58 pm

Interactive Strength Inc. (NASDAQ:TRNR) has secured exclusive distribution rights and received an initial order for its CLMBR fitness equipment in Switzerland and Austria.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:07 am

Consumer discretionary stocks are rising due to strong July New Home Sales data and positive economic outlook from Fed Chair Powell, hinting at future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:49 pm

Interactive Strength Inc (NASDAQ:TRNR) shares surged by 75% to $0.60 after the company received a letter from the Nasdaq Hearings Panel granting its request for continued listing on the Nasdaq Stock Market. The company had been non-compliant with Nasdaq’s minimum equity requirement but successfully appealed a delisting notice. TRNR has until November 14 to meet the requirement. CEO Trent Ward is optimistic about regaining compliance by reporting third-quarter earnings and noted that the company would have met the equity rule for the quarter ending June 30, 2024, following a recent equity offering.

Portfolio Pulse from Henry Khederian

August 12, 2024 | 7:13 pm

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