Planet Fitness lost $400 million in stock value in just five days after banning a woman who complained that a biological male was shaving in the women’s locker room. Daily Mail reported.
According to the media, the company’s value decreased from $5.3 billion on March 14 to $4.9 billion on Tuesday, and the stock price fell 13.59% compared to a month ago. The Daily Mail uses different numbers to explain the setback, showing that Planet Fitness’ stock price fell 7.8% on Tuesday, from an opening price of $59.44 to a five-month low of $54.80, and then only He pointed out that he was opposed to it.
TipRank reported Investors have taken out nearly 4% of Planet Fitness’ market capitalization, and the company has lost 23.52% of its stock value over the past year, according to Tuesday’s announcement.
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This all comes after Planet Fitness further strengthened its decision to suspend member Patricia Silva, who was found in the women’s locker room by a “trans woman” shaving and a girl as young as 12 years old. I complained that I was sitting there. The corner was wrapped in a towel and appeared to be suffering from the presence of a biological male.
Three days later, Libs on TikTok made the following post. update, “A woman who exposed a man shaving her beard in the women’s locker room at Alaska Planet Fitness along with a 12-year-old’s gift just had her membership revoked.・Are we giving priority to men with apnis who use space?” How safe are women and girls? ”
According to the Daily Mail, Planet Fitness said that while some members may feel uncomfortable sharing facilities in this way, “this discomfort will result in denying access to transgender members.” That’s no reason.”
The newspaper also reported that Planet Fitness revoked Silva’s membership and filed a complaint with police, accusing her of violating the gym’s rules by taking photos and videos in the locker room.
The gym’s statement on the matter said that staff “will provide transgender members with a name, title, pronouns, and other information consistent with their self-reported gender identity, if reasonably known to Planet Fitness staff. “We will endeavor to respond using the same terminology,” the Daily Mail reported. It added: “Transgender women shall be referred to by their preferred name and feminine pronouns,” and “Transgender men shall be referred to by their preferred name and masculine pronouns.”
The statement also said Planet Fitness “reserves the right to immediately terminate membership in the event of a violation of this policy,” the newspaper reported.
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