Abnormal activity in US stocks | Fitness Champs (FCHL.US) debuts on the US stock market and opens up 4.75%
According to financial news app Thomson Finance, on Thursday, Singapore's leading swimming course provider, Fitness Champs (FCHL.US), debuted on the US stock market, opening 4.75% higher at $4.19, with an IPO price of $4. Fitness Champs primarily offers swimming courses for children and adults, as well as water sports courses such as water polo, competitive swimming, and lifeguard training. The company claims a market share of about 30% based on the number of bookings evaluated by Singapore's mandatory national program "SwimSafer," which is aimed at primary school students and focuses on water safety. Its revenue sources include school swimming courses, private swimming training, and water sports projects.
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