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…

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

The Moment You Realize a Symbol Has Reached the End of Its Watch — And the Quiet Responsibility That Comes With Letting It Go Properly: How One Simple Decision About a Weathered Flag Can Become a Deeply Personal Act of Gratitude, Memory, and Respect for a Lifetime of Shared American History

For many people, especially those who have lived long enough to watch the country change in visible, sometimes unsettling ways, the American flag is not just something…

The Puzzle Everyone Thought Was Easy — And The Moment Television Turned Into A Collective Guessing Game: How A Familiar Game Show, A Rare Phrase From Nature, And A Missed Bonus Round Answer Sparked Confusion, Debate, And That Uncomfortable Feeling Of Knowing The Solution Only After Time Runs Out

Friday night television has a rhythm all its own, especially for longtime viewers who have made certain shows part of their weekly routine for decades. For many…

I Opened The Garage Door For Something Ordinary — And Discovered How Easily We Ignore What’s Quietly Growing Around Us: A Morning Errand, A Dark Corner Long Avoided, And The Moment A Forgotten Space Revealed How Nature Thrives Where Attention Fades And Comfort Makes Us Careless

I went into the garage that morning for the most ordinary reason imaginable. There was no sense of dread, no premonition, no dramatic thought that something was…

When my daughter opened a simple package of chocolate ice cream, she immediately noticed something unusual hidden inside. What started as a casual treat quickly turned into a surprising discovery that none of us expected, leaving our whole family curious, confused, and genuinely shocked.

The story opens with an ordinary afternoon, one that mirrors countless others in the narrator’s home. Her daughter returns from school beaming, drawn immediately to her all-time…

The Quiet Movement Most People Overlook — And How A Small Daily Gesture Can Gently Protect Independence, Comfort, And Confidence Long After The Years Begin To Ask More Of The Hands Than They Once Did Without Effort Or Thought

There comes a point in life when the hands begin to tell stories the rest of the body keeps quiet. They tell them in subtle ways at…

Paprika is one of those ingredients that quietly sits in the background of everyday cooking. It’s sprinkled over deviled eggs, stirred into soups, dusted across roasted vegetables, and blended into stews without much ceremony.

What Paprika Is Made From and Why It Matters More Than Most People Ever Realize Paprika is one of those ingredients that quietly sits in the background…

Leave a Reply

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