Xponential Fitness Inc (XPOF) PT Lowered to $23 at Baird
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Xponential Fitness (XPOF) gains after hitting back at 'misleading' Fuzzy Panda short report
June 28, 2023 10:38 AM EDTXponential Fitness, Inc. (NYSE: XPOF) shares jumped 19% Wednesday, regaining some of the previous session's 37% losses following a short report from Fuzzy Panda Research.
The fitness brands franchisor released a statement denouncing the "misleading" report, arguing that it contains inaccurate information.
The company cautioned investors not to rely on it, with "the Board and Management stand firmly behind the... More
Xponential Fitness (XPOF) Issues Statement Confirming System Health and Strength Following Short Report
June 28, 2023 9:01 AM EDTXponential Fitness, Inc. (NYSE: XPOF) (the Company or Xponential), the largest global franchisor of boutique fitness brands, today issued the following statement in response to misleading information in a short-seller report published on June 26, 2023 (the Report):
Together, the Board of Directors and Management of Xponential denounce the misleading Report, which contains inaccurate information, and caution investors not to rely on it. The Board and Management stand firmly behind the strength of the business and health of its franchisees. As the largest global franchisor of boutique fitness brands, we take great pride in our talented team and... More
