Previous Close | 151.50 |
Open | 148.50 |
Bid | 154.50 x 0 |
Ask | 155.00 x 0 |
Day's Range | 148.50 - 155.50 |
52 Week Range | 63.10 - 162.50 |
Volume | |
Avg. Volume | 1,105,145 |
Market Cap | 46.953B |
Beta (5Y Monthly) | 0.70 |
PE Ratio (TTM) | 39.95 |
EPS (TTM) | 3.88 |
Earnings Date | Nov 08, 2024 - Nov 12, 2024 |
Forward Dividend & Yield | 1.00 (0.66%) |
Ex-Dividend Date | Jul 30, 2024 |
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.