Cult Fitness Phenomenon SoulCycle Files For IPO

Photo: Courtesy SoulCycle.Spinning giant SoulCycle is stepping up to the big leagues. Today, the company announced that it has filed for IPO (initial public offering), joining the likes of Google, Apple, and Facebook among publicly traded companies.These days, when we think of IPOs, we tend to think of tech companies and startups, such as Etsy, which went public earlier this year. But, so did our favorite burger-making guilty pleasure, Shake Shack. What an IPO does is provide a company with...

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