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

The Game-Changing Tablet: Tesla Pi Pad Revealed at an Unbeatable Price, including its custom ARM processor, OLED display, and 5G connectivity, all at an affordable price point. Priced at only $299, it’s a direct challenge to Apple’s iPad dominance.

In a move that’s left Silicon Valley reeling, Elon Musk has just confirmed what countless fans and insiders have long speculated: Tesla is officially entering the consumer…

TECH TITANS GO HEAD-TO-HEAD! Elon Musk and Mark Zuckerberg have been rumored to engage in a schoolyard-style fight, but their real battle is in innovation. Who will shape the future of tech?

In recent months, rumors have swirled about a possible schoolyard-style cage fight between Elon Musk and Mark Zuckerberg, two of the most influential tech visionaries of our…

“I will give away five 2026 Tesla Model 2s to take him to his final resting place” – Tech billionaire Elon Musk spoke at Charlie James Kirk’s funeral and his next action left everyone speechless.

In the dim light of a candlelit chapel, the atmosphere was thick with grief. Friends, family, and admirers gathered to bid farewell to Charlie James Kirk, whose…

MEMORIAL HATS: Elon Musk has announced a surprise tribute: all employees will wear… a special black hat emblazoned with the words “Kirk77.” What makes the public shudder is the message that comes with it — each hat is a pledge to carry the spirit of Charlie Kirk

In a move that stunned both Silicon Valley and the wider world, billionaire CEO Victor Halberg of TeslaX and AeroSpaceX has unveiled a memorial program unlike anything seen before….

Elon Musk has publicly criticized Apple CEO Tim Cook and the newly launched iPhone 17

In an extraordinary twist to the tech world’s ongoing rivalries, , calling it “a toy fit only for children.” The Tesla and SpaceX chief—known for his bold statements…

Drama Unfolds: Sam Altman Drags Elon Musk’s Baby Mama Into Legal Storm

The worlds of Silicon Valley tech titans and high-profile celebrity drama have collided once again. In a shocking turn of events, OpenAI’s Sam Altman has allegedly pulled none other than Elon Musk’s…