Circus performer and trapeze artist Larry (Richard Arden) is involved with the vampish fellow performer Zara (Kay Francis) but he is also falling for stunt horse rider Pat (Clara Bow). Zara is cheating on Larry and dumps him when he has an accident. Pat tries to persuade the circus owner to take the injured Larry back, but she needs to think up a new act for them...
Clara shines, unlike many silent movie stars she took to talkies pretty well (this being her second, so with still an occasional hitch) but was let down by indifferent material. The film is OK, interesting without being exceptional. Both of the female leads steal the show but with entirely different styles.