After customers were urged to ban the treadmill network amid disagreement over a trans locker room policy, Planet Fitness saw its stock drop significantly in recent days.
The company’s stock price, which traded at a high of$ 66.92 on March 7, dropped to$ 56.46 on Tuesday, although the price as of Thursday stood at$ 58.34. The stock fall this quarter over the discussion wiped$ 400 million from the company’s price, according to Fox Business and various sources.
It came weeks after a girl said on social media that she encountered a “man cutting in a women’s bath” at Planet Fitness in Fairbanks, Alaska, adding she believes he “wants to be a lady”….
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