Planet Fitness stock dramatically dropped after controversy ensued over membership cancellation following an incident where a female gym-goer photographed a transgender woman using the women’s locker room.
Planet Fitness, an American chain of fitness centers, underwent a financial blow earlier this week after one of its gyms located in Alaska canceled the membership of angered customer Patricia Silva.
The company’s stock price, which traded at a monthly high of $66.92 on March 7, plummeted to a low of $56.46 on Tuesday (March 19), The New York Post reported.
