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

Red string tattoo on hand: Here’s what it means

Tattoos and body markings can mean all manner of different things to different people. What is celebrated in one part of the world can be viewed as…

Family members of plane crash victims speak out as 179 out of 181 people are confirmed dead

A loved one of several victims of the Jeju Air crash has spoken out about his ‘heart aching’ Warning: This article contains graphic images, video and description…

Chemical in Popular Breakfast Food May Increase Heart Attack and Stroke Risk

A chemical in breakfast food has raised concerns after researchers linked it to an increased risk of heart attack and stroke. Acrylamide, a chemical formed during cooking, could raise…

Eyewitnesses recall hearing multiple ‘explosions’ as plane skidded off runway and crashed killing at least 176 people

Witnesses also heard ‘metallic scraping’ before the crash in South Korea Onlookers who witnessed a passenger plane crash at an airport in South Korea have described hearing…

If you see a purple fence post, here’s what it could mean

As the weather warms and you start to venture outside, be careful where you walk. If you come across a purple fence post, it’s best to stay away….

Can you spot the snake hiding in the leaves?

I never cease to marvel at the beauty of the world around us. I’m lucky enough to live outside the city limits, you see, so a short…

Leave a Reply

Your email address will not be published.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