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

1.00

Mkt cap

7.2M

Volume

950K

High

1.02

P/E Ratio

-0.01

52-wk high

1100.00

Low

0.81

Div yield

N/A

52-wk low

0.80

Interactive Strength (NASDAQ:TRNR) reported a significant improvement in its Q3 earnings, with a loss of $(0.73) per share compared to a loss of $(30.16) per share in the same quarter of the previous year, marking a 97.58% increase in earnings.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:43 am

During Monday's intraday session, several consumer discretionary stocks experienced significant movement. Gainers included a.k.a. Brands Holding (AKA), BTC Digital (BTCT), Farfetch (FTCH), ThredUp (TDUP), Canoo (GOEV), and ECARX Holdings (ECX). Losers included Harbor Custom Dev (HCDIP), Color Star Tech (ADD), Volcon (VLCN), Jiuzi Hldgs (JZXN), Zapp Electric Vehicles (ZAPP), and Interactive Strength (TRNR).

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 5:31 pm

During Friday's after-market session, several consumer discretionary stocks saw significant movement. Connexa Sports Techs (CNXA), Kidpik (PIK), Beachbody Co (BODY), MGO Global (MGOL), and Jerash Holdings (JRSH) all saw increases in their stock prices. On the other hand, Color Star Tech (ADD), Foresight Autonomous (FRSX), AYRO (AYRO), Interactive Strength (TRNR), Visionary Education Tech (GV), and Golden Sun Education Gr (GSUN) all experienced declines.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 9:31 pm

In Friday's pre-market session, several consumer discretionary stocks saw significant movement. Bowlero (BOWL), Wah Fu Education Group (WAFU), LiveWire Gr (LVWR), Phoenix Motor (PEV), Grove Collaborative Hldgs (GROV), and Charles & Colvard (CTHR) saw increases, while Jowell Global (JWEL), Lazydays Hldgs (LAZY), Zapp Electric Vehicles (ZAPP), Harbor Custom Dev (HCDI), Newegg Commerce (NEGG), and Interactive Strength (TRNR) experienced decreases.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 1:06 pm

Interactive Strength, Inc. d/b/a FORME (NASDAQ:TRNR) has announced a strategic partnership with healthcare payment provider Truemed. The collaboration allows U.S. customers to use funds from their HSA and FSA programs to purchase FORME's personal training and smart home gyms, resulting in average after-tax savings between 30% and 40%. This partnership is expected to enhance FORME's B2C positioning and complement its B2B initiative of acquiring CLMBR.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 1:34 pm

Interactive Strength, Inc. d/b/a FORME (NASDAQ:TRNR) has announced a definitive agreement to acquire CLMBR, Inc., a maker of connected vertical climbers. The deal, valued at $16.9M, is expected to close in Q4 2023. The combined business is projected to generate over $20M in revenue in 2024, potentially becoming cashflow positive and adjusted EBITDA profitable by Q4 2024. The business will be primarily driven by B2B revenue, supported by the acquired sales and distribution partnership with WOODWAY. CLMBR shareholders will receive TRNR common equity with a lock-up until October 2024.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:06 pm

During Tuesday's intraday session, several consumer discretionary stocks experienced significant movement. EBET, Tupperware Brands, Volcon, Interactive Strength, JOANN, and Gogoro saw increases in their stock prices, while Shift Techs, SIGNA Sports United, Kaival Brands Innovations, Cheetah Net Supply Chain, Cazoo Gr, and Fitell experienced declines.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 5:31 pm

Several consumer discretionary stocks experienced significant movement in Wednesday's after-market session. Notable gainers included Visionary Education Tech (VEDU), Golden Sun Education Gr (GSUN), Red Robin Gourmet Burgers (RRGB), Traeger (COOK), Camping World Holdings (CWH), and Volcon (VLCN). On the other hand, RumbleON (RMBL), Inspirato (ISPO), MGO Global (MGOL), Birks Group (BGI), Beachbody Co (BODY), and Interactive Strength (TRNR) saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:32 pm

The article reports on the movement of 12 consumer discretionary stocks in Friday's after-market session. Genius Gr (GNS), Brilliant Earth Group (BRLT), Lindblad Expeditions (LIND), Jowell Global (JWEL), Tupperware Brands (TUP), and Kaixin Auto Hldgs (KXIN) saw their shares rise, while Zapp Electric Vehicles (ZAPP), Color Star Tech (ADD), E-Home Household Service (EJH), Barnes & Noble Education (BNED), Phoenix Motor (PEV), and Interactive Strength (TRNR) saw their shares fall.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 9:31 pm

Several consumer discretionary stocks experienced significant movement in Monday's after-market session. Inspirato (ISPO), SIGNA Sports United (SSU), China Liberal Education (CLEU), XWELL (XWEL), Lindblad Expeditions (LIND), and Torrid Holdings (CURV) saw gains, while Selina Hospitality (SLNA), Interactive Strength (TRNR), Polished.com (POL), Cheetah Net Supply Chain (CTNT), Golden Heaven Group Holdings (GDHG), and QuantaSing Group (QSG) experienced losses.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 9:31 pm

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