Why Xponential Fitness Stock Jumped on Friday

Xponential Fitness (NYSE: XPOF) investors beat the market on Friday as shares jumped 20% by 1:30 p.m. ET, compared to a 1.1% boost in the S&P 500. It was sparked by good news about demand for its boutique fitness brands. In a press release before the market opened, Xponential detailed its latest operating results for the selling period that ran though late June.