US Stock Movement | Fitness Champs Holdings Limited (FCHL.US) Debuts on US Market, Opens Up 4.75%

Stock News

09/04

On Thursday, Singapore's leading swimming course provider Fitness Champs Holdings Limited (FCHL.US) made its debut on the US stock market, opening up 4.75% at $4.19, compared to its IPO price of $4.00.

Fitness Champs Holdings Limited primarily provides swimming courses for children and adults, and offers aquatic sports programs including water polo, competitive swimming, and lifeguard training. Based on booking volumes for Singapore's mandatory "SwimSafer" national program focused on water safety for primary school students, the company claims to hold approximately 30% market share.

The company's revenue streams encompass school swimming courses, private swimming training, and aquatic sports programs.

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