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.

Không có mô tả ảnh.

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 articles

Tesla Bot Gen 3 Stuns the World: Cooked Dinner, Cleaned a House, and Left Musk Speechless

The future we’ve been promised for decades just walked through the front door – literally. In a jaw-dropping demonstration, Tesla’s humanoid robot, the Tesla Bot Gen 3,…

AT. Elon Musk Gets Thrown Out of a Luxury Hotel… So He Buys the Whole Building

It started with a misunderstanding. It ended with Elon Musk owning the entire building. On what should’ve been just another quiet evening during a business trip, Elon…

AT. Elon Musk Unveils a Matte-Black Cybertruck — The Beast That Turns Roads Into Invisible Runways

In a thrilling update for Tesla enthusiasts and automotive fans alike, Elon Musk has confirmed that a matte black version of the highly anticipated Cybertruck is in…

“What If I Lost $70 Billion?” — Elon Musk’s Provocative Question That Sent the Internet Into a Frenzy

When Elon Musk casually asked, “If I lost $70 billion, would I still be your favorite billionaire?” the internet didn’t blink — it exploded. Discover more Broadcast…

AT. Elon Musk Just Revealed a $5,000 Robot Chef That Outsmarts Humans in the Kitchen!

In a groundbreaking αππουncement that has stunned the world, Elon Musk has unveiled Culina, a revolutionary Al-powered robot that can cook gourmet meals better than professional chefs-all…

“Elon Musk Drops a Heart-Stopping Confession — and the World Can’t Stop Talking About It”

In what many are calling his most personal revelation yet, Elon Musk has stunned millions with a single sentence that cuts deeper than any rocket launch or tech…