Public (NYSE: BODI); did a 1-for-50 reverse split (Nov 2023)
Live · BODI· NasdaqCM
as of 2026-09-17
$4.94▼ 10.99% today
≈ $36 Million market cap · −98.8% from peak
The rise & fall
6 moments · 1998–2024
The key moments, with employee sentiment along the way.
1998
🌱
1998
Founded on infomercial sweat
Carl Daikeler's home-workout company goes on to mint P90X and Insanity before pivoting to streaming and connected bikes.
Wikipedia
Jun 2021
📈
Jun 2021
The peak: a $2.9B three-way SPAC$2.9B
Beachbody, connected-bike maker Myx Fitness and Forest Road Acquisition Corp merge and list on the NYSE at the top of the lockdown fitness boom.
Businesswire
2022
2022
The world reopens
At-home fitness demand fades and subscriber growth reverses; the stock begins a slide of more than 99%.
SEC filing
2022
💔
2022
Slips out of the club
A year after the SPAC, the market cap is a small fraction of the merger price.
Macrotrends
Nov 2023
Nov 2023
A 1-for-50 reverse split
The rebranded BODi reverse-splits its battered stock to hang on to the NYSE listing.
Businesswire
2022–24
💬
From the inside · Glassdoor reviews, 2022–24
Glassdoor reviews from the decline described recurring layoffs — many employees counted three or four rounds a year — and frequent strategy shifts handed down from the top, with staff writing that they felt disposable once the company went public.
Today
Today
Still in the club — and still trading
Live · BODI · NasdaqCMas of 2026-09-17
$4.94▼ 10.99% today≈ $36M cap · −98.8% from peak
💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.
How it happened
Beachbody built a home-fitness empire on programs like P90X and Insanity before pivoting to streaming workouts and connected bikes. It went public in June 2021 through a three-way SPAC merger with Forest Road Acquisition Corp and Myx Fitness that valued the combined company at about $2.9B.
As pandemic-era demand for at-home fitness faded and subscriber growth reversed, the stock collapsed more than 99%; in November 2023 the rebranded BODi executed a 1-for-50 reverse split to keep its NYSE listing.
Source: SEC / Nasdaq / Businesswire (~$2.9B three-way SPAC merger with Forest Road Acquisition Corp + Myx Fitness, June 2021; 1-for-50 reverse split Nov 2023 to keep NYSE listing)
Founders
Carl Daikeler
Co-founder, Chairman & CEO
Now Chief Executive Officer at The Beachbody Company · LinkedIn ↗
Jon Congdon
co-founder
Now Chief Executive Officer at Multi Sensory Technologies · LinkedIn ↗
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
