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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.
Planet Fitness is the latest company to shake up its C-suite, and it's something Wall Street isn't taking lightly. On Friday, Planet Fitness stock plunged as much as 16%, hitting a 52-week low.
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.
The Judgment Free Zone is coming to Harbison. National gym company Planet Fitness is set to open a new facility at 238 Harbison Blvd. in the busy shopping district near Irmo.
This is a list of generally corporate-owned or franchised gyms operating worldwide. Africa. Egypt ... Planet Fitness; Peru. Gold's Gym; United States. 24 Hour Fitness ...
Namorato's representative stated that competitors Equinox Group, Planet Fitness and Blink Fitness had automatically suspended membership charges due to the closures." [ 12 ] On April 3, the Attorneys General of the states of New York, Pennsylvania and the District of Columbia sent a letter [ 13 ] to CEO Patrick Walsh demanding he immediately ...
Bally Total Fitness was an American fitness club chain. At its 2007 peak, prior to the filing of the first of two Chapter 11 bankruptcies, Bally operated nearly 440 facilities located in 29 U.S. states, Mexico, Canada, South Korea, China, and the Caribbean under the Bally Total Fitness, Crunch Fitness, Gorilla Sports, Pinnacle Fitness, Bally Sports Clubs, and Sports Clubs of Canada brands.
It's been quite the week for cult fitness companies Equinox and SoulCycle after many customers cancelled their memberships and threatened to boycott both businesses indefinitely.