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March 22, 2024
Planet Fitness Loses $400 Million in Stock Value as Boycott Grows Over Its Policy of Allowing Men in the Women's Changing RoomsYou may have heard about Planet Fitness. Earlier this week, a woman in Alaska photographed what is clearly a man shaving his face in the ladies bathroom. She said he was in the bathroom while a 12-year-old girl was present. She reported him to Planet Fitness' management. Planet Fitness acted quickly: They cancelled the woman's membership and re-affirmed that Gender Is Whatever You Think It Is This Minute.
And now: There are calls for a national boycott of Planet Fitness. And their stock price is taking a hit:
On March 17, the right-wing social media account Libs of TikTok posted on X, formerly Twitter, about a 2023 incident involving a man who allegedly exposed himself to a 15-year-old in a women's locker room at Planet Fitness in Monroe, Georgia. Note that that is a previous incident. The gym chain's value dropped from $5.3 billion on March 14 to $4.9 billion on March 19. Its $400 million fall has also been linked to a refusal to reverse the cancelation of an Alaskan customer's membership for sharing a photo of a 'trans woman' using a female locker room.
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