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

A single mom, a half

A single mom, a half-century of experiences, and a heart full of endless love. Here’s to thriving in my 50s.” Life always gives us a new dawn…

Newsom: California will ‘immediately’ sue Trump if he sends troops to San Francisco

California is prepared to take swift legal action if President Donald Trump attempts to send troops to San Francisco. Gavin Newsom is now turning up the heat,…

Melania Trump brutally mocked on Stephen Colbert’s late night show

Melania Trump has not made too many public outings during her second term as First Lady of the United States. A few weeks ago, she and Donald…

Virginia Giuffre recalls first meeting with Donald Trump at Mar-a-Lago

Sex trafficking victim Virginia Giuffre’s memoir was released posthumously on Tuesday. Many stories about Prince Andrew and what she had to go through are in the book,…

Real meaning behind the phrase ‘six-seven’

Every generation brings a new sense of humor and new turns of phrases that the generation before might have a hard time understanding. One phrase that seems…

Erika Kirk reveals why she’s been smiling so much since the killing of her husband

Noticed that Erika Kirk has been smiling and even laughing in public since her husband’s tragic death? You’re not the only one. Now, she’s breaking her silence…