Previous Close | 91.60 |
Open | 91.00 |
Bid | 92.30 x 0 |
Ask | 92.50 x 0 |
Day's Range | 91.00 - 92.90 |
52 Week Range | 63.10 - 99.30 |
Volume | |
Avg. Volume | 1,682,680 |
Market Cap | 27.99B |
Beta (5Y Monthly) | 0.40 |
PE Ratio (TTM) | 22.99 |
EPS (TTM) | 4.02 |
Earnings Date | Aug 07, 2024 - Aug 12, 2024 |
Forward Dividend & Yield | 0.60 (0.66%) |
Ex-Dividend Date | Jul 27, 2023 |
1y Target Est | 146.50 |
Home fitness company BowFlex filed for Chapter 11 bankruptcy protection late Tuesday, with an agreement to sell the company for $37.5 million to Johnson Health Tech. The Vancouver, Washington-based company benefited from a spike in demand for treadmills, stationary bikes, and weightlifting equipment during the COVID-19 pandemic in 2020, as consumers stopped gathering in gyms and exercised at home. But the spike in demand was a double-edged sword, according to the company's court filings.
NEW YORK (Reuters) -Home fitness company BowFlex filed for Chapter 11 bankruptcy protection late Tuesday, with an agreement to sell the company for $37.5 million to Johnson Health Tech. The Vancouver, Washington-based company benefited from a spike in demand for treadmills, stationary bikes, and weightlifting equipment during the COVID-19 pandemic in 2020, as consumers stopped gathering in gyms and exercised at home. But the spike in demand was a double-edged sword, according to the company's court filings.
Home fitness company BowFlex filed for Chapter 11 bankruptcy protection late Tuesday, with an agreement to sell the company for $37.5 million to Johnson Health Tech. The Vancouver, Washington-based company benefited from a spike in demand for treadmills, stationary bikes, and weightlifting equipment during the COVID-19 pandemic in 2020, as consumers stopped gathering in gyms and exercised at home. But the spike in demand was a double-edged sword, according to the company's court filings.