🚨Trade Alert 🚨 TRNR

🚨Trade Alert 🚨 TRNR͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ This new IPO is about to give the fitness world a major shake and could be ready to rocket…. Greetings Investors, Working out has become one of the biggest bets on Wall Street. Thanks to the pandemic lockdowns and people inspired to be healthier, exercise and fitness have become an even bigger industry in recent years. Let’s face it, staying healthy and looking good will never go out of style. Some of the biggest fitness-related stocks include Planet Fitness (PLNT), Peloton (PTON), and Lululemon Athletica (LULU). These companies are trading with market caps in the billions! A new player has just emerged on the NASDAQ, one that could see substantial growth ahead and join the big leagues. Hurry and add Interactive Strength Inc. to your radar. The company trades under the ticker TRNR It was only last week that TRNR announced the pricing of its [initial public offering]( of an aggregate of 1,500,000 shares of its common stock at a price to the public of $8.00 per share. The gross proceeds of the offering, before deducting underwriting discounts and commissions, and other offering expenses, are expected to be $12 million, excluding any exercise of the underwriter’s over-allotment option. The offering is expected to close on May 2, 2023, subject to customary closing conditions. If there was ever a time to be paying attention to TRNR, it would be right now. Fresh to the trading scene, the company is now beginning its growth story on Wall Street! From 2022 to 2023, the worldwide online/virtual fitness market [experienced]( compound annual growth rate (CAGR) of 39.4%, increasing from $15.65 billion to $21.82 billion. The market is projected to continue growing at a CAGR of 36.9% and reach $76.57 billion by 2027. According to market research firm IBISWorld, the gym, health, and fitness clubs market is [valued]( at over $32 billion. It is set to grow at a compound annual growth rate of more than 4% in the next five years According to a survey by the American College of Sports Medicine, online training, a border term that includes live stream classes and workouts on demand, was for the first time [ranked]( one in the top ten fitness trends around the globe. These trends also included wearables, bodyweight training, outdoor activities, and high-intensity interval training. Statistics like this just showcase how big the fitness arena is and the lucrative revenue opportunity that TRNR is strategically zooming in on. In the coming year, virtual and augmented reality workouts will [continue]( to be popular as more individuals seek out interactive fitness experiences. What does this mean for TRNR? A lot. TRNR is a digital fitness service that combines award-winning smart home gyms with 1:1 personal training (from real humans) to deliver an immersive experience and better outcomes for both consumers and trainers. Recognized as an Innovator by Men’s Health, Shape, and Good Housekeeping, FORME (NASDAQ: TRNR) is Taking the Fitness Industry and Wall Street by Storm! Move over Peloton… with a market cap right under $100M, TRNR is offering a revolutionary way to work out from home and its IPO may catch major Wall Street attention! [( Interactive Strength, Inc. (FORME) NASDAQ: TRNR Company Overview: FORME is a digital fitness platform that combines premium connected fitness hardware products with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic at-home fitness experience through two connective hardware products: - The FORME Studio (fitness mirror) and - The FORME Studio Lift (fitness mirror and cable-based digital resistance). The Studios uniquely transform to host a variety of workouts and activities, returning to an elegant, full-length mirror when not in use. In addition to the Company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. The company offers Live 1:1 personal training as a monthly membership starting at $399, which includes four Live 1:1 training sessions per month, unlimited custom workouts (through the Company’s Custom Training offering), and access to their VOD library. They have additional plans available for members who want to train live more frequently and/or need more customization from a health coach. FORME's services are accessible via download, streaming through their connected fitness hardware products, or streaming through the FORME Studio app, which is available through iOS mobile devices and most iOS tablets and computers. You can download the app at the Apple store: [( TRNR’s Quality is being validated by key industry gatekeepers! Demand for convenient fitness options. Household trends, work from home, and the rise of mobile technology make it challenging to balance time between family, work, and personal health and wellness, resulting in increasing demand for convenient fitness options. Digitization increases convenience of fitness options for consumers, enabling them to train from home and increasing flexibility to schedule with trainers from different time zones. Trainers are increasingly becoming attracted to digital platforms as well. Digital platforms reduce the time spent on traveling to clients, while value-added tech tools increase efficiency and effectiveness. According to the Personal Trainer Development Center, nearly 83% of trainers plan to offer virtual services compared to 40% of trainers prior to the COVID-19 pandemic. Growth strategies - Increase uptake of add-on services through compelling member experience. The company intends to increase uptake of its add-on memberships and services by providing a compelling member experience focused on introducing members to the variety of services available on its platform and specifically, the value-added benefits of its coaching and personal training offering. believes their ability to provide service offerings at several price points will serve as a valuable lever for growth by increasing overall service revenues over time. Business model - attractive recurring revenue combined with hardware! A Big Addressable Market Over the five years to 2022, revenue for the Personal Trainers industry is estimated to rise at an annualized rate of 1.9% to [$12.3 billion,](about:blank) including a 0.2% increase in 2022 alone. At-home fitness has really expanded its reach in the last two years, with 85% of those surveyed by [GoodFirms](about:blank) emphasizing "the importance of emotional, mental, and spiritual health to promote overall physical wellness and quality of life." Successful brands should seek ways to incorporate their products into a broader scope of wellness, looking at all forms of healing. TRNR, with the vision to adapt, innovate and diversify health and fitness, stands to gain loyalty by bringing consumers more choices, more flexibility, and more direction in how to train. The Bottom Line There is a big innovation push within the made for consumer fitness equipment market. The evolution of fitness machines has been taken to new heights by the tech sector and smart home gym-connected hardware has been the latest rage. Synching workouts to fitness apps is yesterday’s news. Imagine having access to world-class trainers through a screen at your home. TRNR is offering just that, and this emerging company is connecting consumers with personal trainers and introducing a new way to train from home. The company has created a holistic platform designed to connect people with coaches in all areas of fitness and wellness, including personal training and specialized sports instruction, nutrition, sleep, mindfulness, and physical therapy. Recently debuted on the NASDAQ LAST WEEK and with a current market cap of around $100M, this fitness company may be on the precipice of garnering major market attention and becoming another giant in the arena! Start your research right away! Copyright 2023 © SCDalerts.com is owned and operated by the owner of SCD Media LLC. Disclaimer and Privacy For more Information please contact info@smallcapsdaily.com This website provides information about the stock market and other investments. 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