F45, the provider of group fitness classes backed by actor Mark Wahlberg, rose as much as 11 per cent and then lost most of those gains in its trading debut after a $US325 million ($438 million) initial public offering.
In a listing that was delayed by the coronavirus pandemic and then sidetracked by a blank-check merger deal that fell apart, F45 and an investor that includes Wahlberg sold more than 20 million shares for $US16 each Wednesday after marketing them for $US15 to $US17.
