2) Planet Fitness stock price plummets over transgender controversy

What happened, as a result, was that the local Planet Fitness revoked her membership, while the transgender person who had been photographed by her was left alone. Planet Fitness also doubled down on its decision, saying that its policy allows people with certain gender identities to use whichever locked room they see fit. With that being said, they said people cannot act in bad faith, or their memberships could be canceled.

However, now it seems there are more pictures of the trans woman who had been originally photographed going around as she uses the gym’s locker room. People on the more conservative side of politics have called on others to cancel their Planet Fitness memberships nationwide.

It seems this has had a big effect, as Planet Fitness’s stock price has taken a big hit. The market value has also plummeted, with stocks going from $66 to about $56 over the course of just 12 days. The company’s market cap has also fallen around $400 million. The group has gone from $5.3 billion to about $4.9 billion in the course of just five days!

Related Posts

1960s Music Group Member Remembered at Age 80

The group shared the news of her passing in a social media post, writing, “It is with heavy hearts that we share the news of Nedra Talley-Ross’…

1960s Music Group Member Remembered at Age 80

The group shared the news of her passing in a social media post, writing, “It is with heavy hearts that we share the news of Nedra Talley-Ross’…

My Brother Thought Our Mother’s House Would Be Sold—Then One Document Changed Everything

My brother Dennis arrived at my home one Sunday afternoon carrying property information and a detailed plan for selling what he believed was our late mother’s house….

My Brother Thought Our Mother’s House Would Be Sold—Then One Document Changed Everything

My brother Dennis arrived at my home one Sunday afternoon carrying property information and a detailed plan for selling what he believed was our late mother’s house….

My Mom Found Love Again at 45—Meeting Her Partner Taught Me an Unexpected Lesson About Trust

When my mom told me she had found love again at the age of 45, I was genuinely happy for her. After watching her rebuild her life…

My Mom Found Love Again at 45—Meeting Her Partner Taught Me an Unexpected Lesson About Trust

When my mom told me she had found love again at the age of 45, I was genuinely happy for her. After watching her rebuild her life…

Leave a Reply

Your email address will not be published. Required fields are marked *