Planet Fitness stock price plummets over transgender controversy

Spread the love

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

How to React If You Get Bit by This Bug

Spread the love

Spread the loveSummertime brings various pests like ticks, mosquitoes, and now, the assassin bug. This insect is becoming more common, and its bite can pose serious health…

Natural Teeth Whitening – Say Goodbye to Yellowing and Tartar

Spread the love

Spread the love**Brighten Your Smile Naturally with Carrot Tops** Did you know carrot tops—the leafy greens often discarded—can naturally whiten teeth? These greens, rich in minerals and…

Stroke: These indicators that manifest one month prior to

Spread the love

Spread the loveStrokes are life-threatening and can strike unexpectedly. Symptoms may appear as early as a month before, including weakness or numbness on one side of the…

Neighbor finds ‘alien’ object in their backyard that has the internet stumped

Spread the love

Spread the loveA peculiar discovery in a woman’s garden left internet users scratching their heads. Resembling something out of science fiction, the object featured an oblong skull,…

She Invited a Man She Met Online… Only to Discover a Shocking Truth Before His Arrival

Spread the love

Spread the loveMargaret, a 45-year-old career woman, eagerly prepared to meet Colin, a man she connected with online. Despite her spotless home and delicious meal ready, a…

“From Beauty to Gargoyle!”: Hard to Believe This Actress Once Enchanted…

Spread the love

Spread the loveAnita Ekberg, the Swedish actress famed for her stunning beauty, lived a life of triumph and struggle. Raised in a devoutly religious family, she faced…

Leave a Reply

Your email address will not be published.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