tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lifeist Wellness’ Mikra Partners with ASICS Runkeeper and Race Roster to Target Athletes

Story Highlights
Lifeist Wellness’ Mikra Partners with ASICS Runkeeper and Race Roster to Target Athletes

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Lifeist Wellness ( (TSE:LFST) ) just unveiled an update.

Lifeist Wellness Inc.’s subsidiary, Mikra Cellular Sciences, has entered a strategic partnership with the ASICS Runkeeper app and Race Roster to directly engage athletes seeking mental clarity, focus, and endurance. This collaboration is part of Mikra’s Mind-First Movement, aiming to enhance customer acquisition and reduce marketing costs by leveraging the established user bases of these fitness platforms. The partnership positions Mikra at the intersection of fitness technology and performance nutrition, offering a data-informed pathway to connect, convert, and retain customers, thereby strengthening its market presence in these rapidly expanding segments.

Spark’s Take on TSE:LFST Stock

According to Spark, TipRanks’ AI Analyst, TSE:LFST is a Neutral.

Lifeist Wellness faces significant financial hurdles, with ongoing losses and a shrinking asset base posing risks to its long-term viability. Despite the bearish technical indicators and challenging valuation, recent strategic initiatives aimed at revitalizing growth provide some optimism. The high volatility and lack of profitability, however, warrant caution for potential investors.

To see Spark’s full report on TSE:LFST stock, click here.

More about Lifeist Wellness

Lifeist Wellness Inc. is a company at the forefront of the post-pandemic wellness revolution, focusing on acquiring, integrating, and building top wellness brands to enhance global well-being. Its key asset is Mikra Cellular Sciences Inc., a U.S. biosciences and consumer wellness subsidiary dedicated to developing and selling innovative wellness products.

Average Trading Volume: 42,173

Technical Sentiment Signal: Hold

Current Market Cap: C$4.17M

For a thorough assessment of LFST stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1