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Planet Fitness Sees $400MILLION Wiped Off Its Value In Just Five Days After Banning Member Who Exposed ‘Trans Woman’ Shaving In The Female Locker Rooms
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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.
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