• Health & Fitness

    Peloton rival iFIT postpones IPO as volatility concerns grow

    A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 6, 2021. REUTERS/Brendan McDermid Oct 7 (Reuters) – IFIT Health & Fitness Inc postponed its U.S. initial public offering on Thursday, citing unfavorable market conditions that have investors worried about growing volatility in capital markets. While the United States has recently enjoyed a bull run in its capital markets, defaults at Chinese property developers tied to the fate of cash-strapped Evergrande, record-high energy costs and inflation have stoked investor worries and market swings. IFIT is the first  

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