When it comes to certain stocks, some hedge funds like to hold on tight, but of course, not every stock works. Xponential Fitness (NYSE:XPOF) remains a bit of a show-me story despite some hedge fund interest over the past year.
Background on Xponential Fitness
Xponential Fitness is one of the world’s largest franchisors of boutique fitness centers, operating 10 brands that each provide a unique fitness experience. The company’s largest brands are Club Pilates, Stretch Lab and Pure Barre.
Read hedge fund letters here
As Jordan McNamee of Optimist Fund explained in his Q1 2024 letter to investors, Xponential Fitness’ history starts with founder and CEO Anthony Geisler’s interest in driving growth in the boutique...
