Xponential Fitness Down 13% After Pricing Public Offering Of Shares

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Shares of fitness and wellness services provider Xponential Fitness, Inc. (XPOF) are falling more than 13% Wednesday morning to trade at $24.20 currently.

The company today priced the public offering of 5 million shares by its stockholders at $24.50 per share.

The company said it will not receive any proceeds from the offering, which is expected to close on February 10.

XPOF has traded in the range of $11.20- $28.59 in the last 1 year.

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