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

At 55 years JLO!?!

In September 2024, during a lively performance at Miami’s LIV nightclub, Shakira paused her set when she noticed a fan attempting to film under her skirt. The…

Breaking News: Missing Camp Girl Found 12 Miles Downriver in Texas Amid Historic Flooding

In Hunt, Texas, where the Guadalupe River splits, a staggering seven inches of rain have fallen since Thursday afternoon—the highest rainfall total the area has seen since…

Camp Mystic counselor Emma Foltz helps save 14 campers in Texas flood

The d**dly flash floods that swept through Central Texas over the July 4 holiday have left at least 81 people d**d, with one of the hardest-hit areas…

This house looked like it was about to fall into itself until this man stepped in..!

The house on the road looked like it was about to collapse. Overlooked by homebuyers, it seemed destined to be forgotten. But then, someone saw its potential…

BREAKING NEWS Large HURRICANE CATEGORY forming…

BREAKING NEWS: The National Hurricane Center (NHC) has begun posting advisories on Potential Tropical Cyclone Nine, which will likely become Tropical Storm Helene later today or tonight….

New fatality numbers just came in…See more

Officials have confirmed that the death toll from the Texas flood disaster has soared past 108 fatalities, making it one of the deadliest weather events in recent…

Leave a Reply

Your email address will not be published.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