Planet Fitness Announces Leadership Transition
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September 15, 2023 3:28 PM EDT
Piper Sandler analyst Peter Keith lowered the price target on Planet Fitness (NYSE: PLNT) to $66.00 (from $78.00) while maintaining a Overweight rating.
The analyst comments "We were surprised by the rapid change in management that PLNT announced today, with an immediate departure of... More
September 15, 2023 2:32 PM EDT
(Updated - September 15, 2023 2:38 PM EDT)
Planet Fitness (NYSE: PLNT) shares plunged Friday after news the company's board ousted veteran Chris Rondeau from his post as chief executive.
Shares of the fitness center operator and franchisor plunged 15% on the news.
Planet Fitness said Craig Benson, a member of the company's board, has... More
September 15, 2023 9:50 AM EDT
An event driven analyst thinks activist activity could be behind today's CEO change at Planet Fitness (NYSE: PLNT). Today, the company announced Chris Rondeau's departure as the Company's CEO, with board member Craig Benson taking his place as interim CEO. SRS... More
