Should You Buy Shares Of Mark Wahlberg-Backed Publicly Traded Company? What You Need To Know About F45 Training

Mark Wahlberg’s F45 Training Gym Holdings Inc (NYSE:FXLV) was an Australian success story, blowing up to $1.4 billion in market value at its IPO — now, however, the company is valued at just $150 million.

Here’s the backstory: Rob Deutsch, who later teamed up with now-former CEO Adam Gilchrist, founded F45 in Sydney, Australia in 2012. The 45-minute workouts offered by F45 mix high-intensity interval, circuit, and functional training components.