| Submit your comments on this article | |
| -Great Cultural Revolution | |
| Planet Fitness sees $400 MILLION wiped off its value in just five days | |
| 2024-03-21 | |
| Pretty weak. [Daily Mail, Where America Gets Its News] Planet Fitness' valuation has plummeted $400 million in five days after they banned a member who shared a photo of a 'trans woman' using a female locker room. The company's value dropped from $5.3 billion on March 14 to $4.9 billion on March 19, and its shares are down by 13.59 percent compared to a month ago. The decline follows Planet Fitness' refusal to walk back its decision to ban a member who exposed a 'trans woman' shaving in a female locker room earlier this month. Patricia Silva was barred from the gym in Alaska after she detailed an incident online - where she said she saw a transgender woman in her locker room. Following backlash against the ban, the company said although some members may feel uncomfortable sharing facilities, 'this discomfort is not a reason to deny access to the transgender member.'
| |
| Posted by:Fred |
| #5 Going to go out on a limb here and guess he wasn't trimming up his five o'clock shadow. |
| Posted by: swksvolFF 2024-03-21 18:38 |
| #4 percentile of trans in your market vs the percentile of women in your market Someone got their MBA on a DEI program |
| Posted by: Procopius2k 2024-03-21 17:48 |
| #3 In short $$$$ talks, and Progressive BS walks. |
| Posted by: NN2N1 2024-03-21 05:49 |
| #2 It is not like your typical, blue haired, chubby, nose ring and tattoo-ed sporting LGBTQ+ supporter ever sees the inside of a gym. Exactly who Planet Fitness trying to please with this move. |
| Posted by: Bugs Mussolini3055 2024-03-21 01:16 |
| #1 Plenty of non-chain gyms around to choose from; might as well piss off everyone else and stock Bud Light to boot. |
| Posted by: Raj 2024-03-21 00:34 |