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

3.02

Mkt cap

797K

Volume

533K

High

3.36

P/E Ratio

N/A

52-wk high

4760.00

Low

2.64

Div yield

N/A

52-wk low

2.64

Interactive Strength (NYSE:TRNR) has seen a significant rise in its short interest, with a 189.61% increase since its last report. The company now has 480 thousand shares sold short, representing 2.23% of its float. This is lower than the peer group average of 3.47%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

Chegg, Inc. (NYSE:CHGG) shares surged 20.7% in pre-market trading following the announcement of a restructuring plan, including a 23% headcount reduction and a focus on international programs. Other notable pre-market movers include Actelis Networks, Inc. (NASDAQ:ASNS) up 112.2%, NLS Pharmaceutics AG (NASDAQ:NLSP) up 62.8%, and Mustang Bio, Inc. (NASDAQ:MBIO) up 46.7%. On the losing side, AERWINS Technologies Inc. (NASDAQ:AWIN) fell 48.8% and Quantum Corporation (NASDAQ:QMCO) dropped 38%.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 9:28 am

Ovid Therapeutics shares dropped 65.7% after Takeda's Skyline study in Dravet syndrome missed its primary endpoint. Other notable stock movements include Interactive Strength, Mustang Bio, Allego, and Scinai Immunotherapeutics among gainers, and Aerovate Therapeutics, Kaival Brands Innovations, and Workhorse Group among losers.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 5:21 pm

Interactive Strength, trading under the ticker TRNR, has resumed trading. This development is significant for investors as it may impact the stock's short-term price movements.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:42 pm

Shares of Nurix Therapeutics (NRIX) surged 12.1% in pre-market trading following positive clinical trial results. Other notable pre-market movers include Scinai Immunotherapeutics (SCNI), Interactive Strength (TRNR), ENDRA Life Sciences (NDRA), and The Aaron’s Company (AAN), which saw significant gains. Conversely, Ovid Therapeutics (OVID) and Kaival Brands Innovations (KAVL) experienced substantial declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 12:43 pm

Shares of companies within the broader discretionary sector are trading lower following softer-than-expected consumer sentiment data.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:56 pm

Trading halt status for TRNR was updated at 8:55:00 AM ET. The quotation resumption times and related news are provided.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:55 pm

Trading for TRNR was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:50 pm

The article highlights the intraday movements of several consumer discretionary stocks on Wednesday. Notable gainers include Jiade (JDZG), Lixiang Education (LXEH), MGO Global (MGOL), Kaival Brands Innovations (KAVL), Lanvin Group Holdings (LANV), and Golden Heaven Group Holdings (GDHG). On the losing side, significant decliners are Singing Machine Co (MICS), Vera Bradley (VRA), Kaixin Holdings (KXIN), Interactive Strength (TRNR), Chijet Motor Co (CJET), and Mingteng International (MTEN).

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 4:31 pm

The article highlights the performance of 12 consumer discretionary stocks during Monday's after-market session. Notable gainers include Interactive Strength (TRNR), Phoenix Motor (PEV), BurgerFi International (BFI), Allbirds (BIRD), Workhorse Group (WKHS), and AYRO. On the losing side, 2U (TWOU), Target Hospitality (TH), China Liberal Education (CLEU), ZHONGCHAO (ZCMD), ATA Creativity Global (AACG), and Yatra Online (YTRA) saw declines.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 8:31 pm

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