Planet Fitness stock price plummets over transgender controversy

Things seem to be heating up in a debate, and the topic of conversation this time around is Planet Fitness. It seems that the chain of fitness studios is underfire after a video went viral of a disgruntled member…

Pregnant dog shows up at couple’s doorstep – a few days later, they have 7 puppies to care forPregnant dog shows up at couple’s doorstep – a few days later, they have 7 puppies to care for

A woman in Alaska posted a photo of a trans woman in the women’s locker room at the Fairbank’s location. She accused the company of allowing ‘men’ into a space that seems deemed should only be exclusive to cisgender women.

The original picture seemed to show a transgender woman as she was shaving over a sink in a locker room. The woman who took the picture ranted and raved in a video afterward about how upset she was. The video ended up going viral and sparking a massive debate.

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

AGELESS SENIOR WOMAN!

Discover the power of ageless sex appeal through fitness with a woman who defies aging stereotypes. Her dedication to health radiates confidence and sexiness, proving that beauty…

25 Stupidity Award-Winning Pictures

A collection of pictures showing another world of stupidity “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.” ― Martin Luther King Jr….

A quarter of a century ago, she was lauded as the most stunning celebrity in the world of acting.Sadly, time is harsh; she has undergone a great deal of transformation since then!

Rachel Ward, who is well known for her role as Maggie in the film “Singing in the Blackthorns,” is the one in question. Even though Rachel was…

This is a sensation .. The boy sang such a song that Simon couldn’t speak. He went up to the stage to kiss the boy!

Luke Islam, a 12-year-old from New York, gained fame when he wowed the audience on “America’s Got Talent” (AGT). His exceptional talent and unwavering love for music…

After a heart attack, C.O.T. Ford is showing signs of steady improvement… Cancels Tour While Still in the Intensive Care Unit…

After having a heart attack, Colt Ford is making some progress in his recovery; nevertheless, he is not close to being fully recovered and will not be…

‘Price is Right’ contestant stuns Drew Carey with ‘best Showcase bid in the history of the show’

In a thrilling episode of “The Price is Right,” Patrice Masse from Grande Prairie, Alberta, Canada, made it to the Showcase Showdown. He boldly placed a $39,500…

Leave a Reply

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