Xponential Fitness Inc (XPOF) PT Lowered to $23 at Baird
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June 28, 2023 10:38 AM EDT
Xponential 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
June 28, 2023 9:01 AM EDT
Xponential 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
