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Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. [4] The company has around 2,600 clubs, [ 5 ] making it one of the largest fitness club franchises by number of members and locations.
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Baffled investors pulled out of Planet Fitness stock as the news broke, with the company's share price sinking 15% to around $50—the lowest since the pandemic floor of August 2020.
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Blink Fitness, an affordable gym chain owned by Equinox aimed at making "every body" feel welcome, has filed for Chapter 11 bankruptcy, the company said Monday. The announcement comes as the ...