Uber, Peloton and Perrigo fall premarket; Planet Fitness rises
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Planet Fitness (PLNT) jumps on earnings, revenue beat as membership growth boosts Q3
November 7, 2023 9:39 AM EST(Updated - November 7, 2023 9:54 AM EST)
Planet Fitness (NYSE: PLNT) shares surged in early Tuesday trading after the gym franchise reported third-quarter earnings that impressed investors and raised its full-year 2023 guidance.
Shares of Planet Fitness are up more than 14% at the time of writing, trading at levels last seen in early August.
The company's Q3 EPS was $0.59, $0.04 better than the analyst estimate of $0.55, while... More
Peloton (PTON) shares dip as Deutsche Bank downgrades stock on lack of growth clarity
November 7, 2023 8:30 AM ESTDeutsche Bank downgraded shares of Peloton (NASDAQ: PTON) to Hold from Buy, lowering the price target for the stock to $4 from $13 per share in a note Tuesday.
Analysts at the firm explained that they are lowering the rating for the stock as there is... More
