Nautilus Inc. NLS, 12.22% shares were up 12% in after-hours trading Monday after the fitness-equipment maker reported fiscal second-quarter revenue that elevated well past Wall Street estimates, pushing the company's stock to its highest price in nearly two years. Nautilus reported a net loss of... READ MORE @ Market Watch
Pandemic has have wreaked havoc on fitness routines
A ransomware attack by a group of Russian hackers called “Evil Corp” that knocked out Garmin Ltd.’s operations in late July reportedly resulted in a multimillion-dollar ransom paid by the Olathe-based company.
Fitness bankruptcies could lead to more strip-mall decimation
A leading Crunch Fitness franchisee has recruited a lawyer with long-standing ties in the workout space as it seeks to capitalize on the struggles of competitors.
Two days removed from its fifth anniversary as a public company, Planet Fitness CEO Chris Rondeau (who has been CEO since 2013 and at the company since 1993) finds himself reporting a once unthought of quarterly loss for the one-time growth juggernaut, working out a bit from his home gym (but also going to his...
European Union regulators have opened an in-depth investigation into U.S. tech giant Google’s plan to buy fitness tracking device maker Fitbit
I believe the stars have aligned for Peloton (PTON) and the company could eventually be worth over $70B+ in a blue sky scenario. Check out their hype video here.
Therabody also announces ongoing litigation in additional cases for trade dress and patent infringement
Early screening data showed that a large number of members were eager to get back into their health and fitness clubs. Those numbers continue to hold true in the latest reopening data.
Sign Up to Our Newsletter
