Gyms

For the first time in over 25 years, Planet Fitness Inc. agreed to raise the price of its basic gym membership after reporting disappointing earnings. What Happened: According to CNN, executives announced their plan to raise the price of their basic membership from $10 to $15 on Thursday. The price...

A recent short thesis about Planet Fitness Inc (NYSE: PLNT) came under fire for being "light on fundamentals" and failing to mention the positive data points that had recently emerged for the company. What Happened: A short report issued on Thursday by The Bear Cave, which...

Peloton Interactive Inc (NASDAQ: PTON) shares traded slightly higher in a down day for the market on Wednesday after the company announced a software update for its recalled treadmills. What Happened? Peloton has announced it is rolling out a software update for its Tread and Tread+ treadmills just...

Shares in Planet Fitness Inc. (NYSE: PLNT) were trading lower Friday after the company reported dismal fourth-quarter results. Revenue took a big hit due to the coronavirus pandemic and resulting gym closures.  Planet Fitness was also unable to provide 2021 guidance. It’s not all...

Planet Fitness Inc (NYSE: PLNT) was initially rejected by investors following its 2015 initial public offering, but could be a compelling stock within the active lifestyle segment with over 1,400 locations, according to DA Davidson. The Analyst DA Davidson's Andrew Burns initiated...

Moody's Investors Services, the notable credit rating agency, boosted their ratings outlook on Planet Fitness Inc (NYSE: PLNT)'s debt due to the company's strong operating performance and an improving financial profile. Moody's upgraded Planet Fitness' debt rating from Stable to Positive while...