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

In Tuesday's after-market session, several consumer discretionary stocks showed notable movements. EpicQuest Education Group (EEIQ) and Foresight Autonomous (FRSX) were among the top gainers, while Interactive Strength (TRNR) and Luminar Technologies (LAZR) led the losers. Notably, companies like Coupang (CPNG), Luminar Technologies (LAZR), Urban Outfitters (URBN), Lincoln Educational Servs (LINC), and Big 5 Sporting Goods (BGFV) released their Q4 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 9:31 pm

Pilgrim's Pride Corporation (NASDAQ:PPC) reported better-than-expected Q4 results with a 9.7% year-over-year sales growth to $4.528 billion and an adjusted EPS of 59 cents. Akili, Inc. (NASDAQ:AKLI) shares surged 116% after positive ADHD treatment trial results. Interactive Strength Inc. (NASDAQ:TRNR) rose 41% on a distribution deal with WOODWAY. Agiliti, Inc. (NYSE:AGTI) gained 29% after announcing a private acquisition by THL Partners. Aclarion, Inc. (NASDAQ:ACON), Intuitive Machines, Inc. (NASDAQ:LUNR), and Venus Concept Inc. (NASDAQ:VERO) saw significant share price drops due to various challenges.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 7:30 pm

Freshpet, Inc. (NASDAQ:FRPT) shares surged 15.5% after reporting Q4 earnings and sales above estimates. Other stocks also moved significantly in Monday's mid-day session, with notable gainers including Akili, Inc. (NASDAQ:AKLI), ZyVersa Therapeutics, Inc. (NASDAQ:ZVSA), and MicroCloud Hologram Inc. (NASDAQ:HOLO), among others. Losers included Aclarion, Inc. (NASDAQ:ACON) and Venus Concept Inc. (NASDAQ:VERO).

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 6:57 pm

In Monday's intraday session, 11 consumer discretionary stocks showed significant movement. Notably, Interactive Strength and Sleep Number saw substantial gains, with increases of 41.0% and 18.7% respectively, attributed to recent earnings reports. Li Auto also rose by 15.77% following its Q4 earnings release. Conversely, China Liberal Education and Jeffs Brands were among the top losers, with declines of 11.0% and 10.17% respectively.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 5:31 pm

U.S. stocks traded mixed with the Dow and NASDAQ seeing slight gains, while the S&P 500 edged lower. Consumer discretionary shares rose, while utilities fell. Akili, Inc., Interactive Strength Inc., and Agiliti, Inc. saw significant stock increases due to positive business developments. Conversely, Aclarion, Inc., Intuitive Machines, Inc., and Venus Concept Inc. experienced notable declines. Crude oil prices increased by 1%, and U.S. new home sales rose by 1.5% in January.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 5:01 pm

Interactive Strength's shares surged following the announcement of an exclusive worldwide distribution agreement with WOODWAY for the sale and distribution of CLMBR.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 1:51 pm

In Monday's pre-market session, there were notable movements in the consumer discretionary sector. Interactive Strength (TRNR) saw a significant rise of 79.7%, while Foresight Autonomous (FRSX) experienced the largest drop of 13.3%. Other stocks such as Arcimoto (FUV), Emerson Radio (MSN), and Sonder Holdings (SOND) also saw increases, whereas Zapp Electric Vehicles (ZAPP) and Sypris Solutions (SYPR) were among the losers.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 1:06 pm

Interactive Strength Inc. (TRNR) has signed an exclusive worldwide distribution agreement with WOODWAY USA Inc. for the sale and distribution of its CLMBR product. The deal includes an initial order of 2,150 units from WOODWAY, expected to generate over $7 million in net revenue for TRNR. This agreement supports TRNR's revenue guidance of $15 million to $20 million for 2024.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:06 pm

In Friday's intraday session, several consumer discretionary stocks saw significant movements. Notably, Golden Sun Education Gr (GSUN) and Deckers Outdoor (DECK) were among the top gainers, with GSUN shares up 22.8% and DECK shares up 16.26% following their Q3 earnings report. On the losing end, Faraday Future (FFIE) and Express (EXPR) saw notable declines, with FFIE shares down 12.5% and EXPR shares down 11.44%. Amazon.com (AMZN) also rose by 8.09% after its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 5:31 pm

In Wednesday's after-market session, several consumer discretionary stocks saw movement. Interactive Strength, Barnes & Noble Education, EZGO Technologies, Newegg Commerce, Fossil Group, and Las Vegas Sands were gainers, with Las Vegas Sands reporting Q4 earnings. Conversely, United Homes Gr, Jiuzi Hldgs, Zapp Electric Vehicles, Genius Gr, E-Home Household Service, and Tesla were losers, with Tesla also reporting Q4 earnings.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:31 pm

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