tradingkey.logo
tradingkey.logo
Search

Life Time falls after unveiling planned secondary offering

ReutersJun 5, 2025 11:12 AM
facebooktwitterlinkedin
View all comments0

Life Time Group's LTH.N shares fall 5% to $28.38 premarket after fitness chain operator announces commencement of secondary offering

Buyout firms Leonard Green & Partners and TPG TPG.O are offering 20 million shares in the stock offering

TPG has a 13.6% stake in LTH while Leonard Green owns 18.9% of the firm, according to SEC filing

J.P. Morgan and BofA Securities are the underwriters for the proposed offering

LTH has ~217.9 million outstanding shares for $6.5 billion market cap

10 of 13 brokerages rate the stock "buy" or higher and 3 "hold"; median PT $38 - data compiled by LSEG

As of last close, LTH stock up 35% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

Tradingkey
KeyAI