Xponential Fitness, Inc. Class A (XPOF) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Xponential Fitness, Inc. Class A has been vulnerable to short selling campaigns that aim to depress its stock value. Short sellers, betting on a price decline, often disseminate negative reports to influence market sentiment. The company’s stock price suffered notably in Q2 2023 after one such report surfaced. These tactics, which are not regulated by authoritative bodies, can force the company to engage in costly defenses and distract from day-to-day operations, potentially harming the business and its stock price even if the claims are baseless.
The average XPOF stock price target is $22.50, implying 73.88% upside potential.
To learn more about Xponential Fitness, Inc. Class A’s risk factors, click here.