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…

Keep reading to find out what it is all about…

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.Shutterstock

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.Shutterstock

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

What Vertical Lines on Your Nails Can Reveal About Aging-

They appear slowly, then all at once: thin, vertical lines marching up your nails, impossible to ignore. Are they harmless… or a warning sign your body has…

The Step-Son’s Cruel Laughter: Why I Regretted Everything The Moment I Opened His Locked Closet

The air in the house felt heavy, suffocating, and poisoned by the fresh, sharp sting of betrayal. After burying my husband, I was drowning—not just in grief,…

The 2-Second Personality Test: How Many Holes Do You See in This Shirt?

If you think you can solve this puzzle in under five seconds, you are probably wrong. An orange T-shirt has become the ultimate psychological trap, tearing internet…

The Three-Dollar Miracle: How a Dust-Covered Vase Revealed a Heartbreaking Decades-Old Secret

I almost walked right past it. It was just a dusty, unremarkable vase sitting on a cluttered bottom shelf in the back of a dingy thrift store,…

The Silent Health Risk Hiding in Your Lingerie Drawer: Are Your Bras Making You Sick?

You think your favorite bra is clean, but you are likely wearing a breeding ground for bacteria, fungus, and skin-destroying oils that could be wrecking your health….

The $80,000 Battle to Erase a Birthmark: Why One Mother Risked Everything for Her Daughter’s Future

The stares from strangers were like physical blows, each one landing squarely on the heart of a mother who refused to let the world define her child….

Leave a Reply

Your email address will not be published.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