Planet Fitness (PLNT) shares plunge as board ousts CEO
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Go back to Planet Fitness (PLNT) shares plunge as board ousts CEO
September 18, 2023 9:15 AM EDT
Planet Fitness (NYSE: PLNT) was downgraded to hold from Buy at Jefferies on Monday, with analyst Randal Konik lowering the price target to $56 from $90 per share.
Konik cut the stock following the shock news on Friday that the PLNT board has ousted... More
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 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
September 15, 2023 8:46 AM EDT
Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that Craig R. Benson, a member of the Company's Board of Directors, has been appointed Interim Chief Executive Officer, effective immediately. Benson's appointment follows the decision by the Board to transition to new leadership, resulting in Chris Rondeau's departure as the Company's CEO. Rondeau will continue to serve as a member of the Company's Board of Directors and will be nominated for re-election at the Company's 2024 Annual... More
