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

Federal judge denies ‘final attempt to stop’ Elon Musk from accessing confidential government data

A federal judge has rejected a “final” attempt to block Elon Musk and the Department of Government Efficiency (DOGE) from accessing government data during cost-cutting audits. Judge…

I Felt Confident in Bikinis Until I…

Jenna, 29, is at a crossroads in her three-year marriage to Eric. What started as a loving bond has become a source of humiliation. During their recent…

Nobody has seen her for 18 days, where is the First Lady Melania Trump – What we know

Melania Trump has not been seen in public since January 24, sparking concern among fans. She last appeared alongside Donald Trump in California and North Carolina but…

Jennifer Lopez..

Jennifer Lopez was recently spotted with a former Hollywood heartthrob, sparking speculation about a new romance. From their shared smiles to their undeniable chemistry, it was clear…

People outraged after White House posts ‘disturbing’ ASMR video

The White House has sparked backlash after posting a “distasteful” deportation video. The clip, shared on social media, shows immigrants being handcuffed and escorted onto a plane,…

Tsunami Alert Issued Following 7.6 Magnitude Earthquake Near Popular Tourist Spot

A powerful 7.6 magnitude earthquake struck the Caribbean Sea near Honduras, prompting a tsunami warning for several countries. The Cayman Islands Hazard Management Agency warned of a…

Leave a Reply

Your email address will not be published.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