Naturally, some of these folks get so enthusiastic about mountain bikes that they wish they could invest in the industry. But the bike industry is notoriously private and closely held. Not a lot of opportunities to invest and play the stocks when it comes to bikes.
But today, Fox Factory sold a significant share of itself (roughly 76 percent) to a publicly traded holding company called Compass Diversified Holdings. That’s CODI on the NASDAQ, if you’re the sort of person who sleeps in your silk FOX SHOX jammies in the Rumpus Room of your Fruita getaway, with dreams of a portfolio that can suck up the biggest drops.