Sometimes when I read about something a company did, I wonder what planet are they on? What sort of tiddlywinks do they have working in their front offices. Individuals who are in charge of a company owe their allegiance to the stockholders. It shouldn’t matter what degree of wokeness they are, but in the real world, it does matter! Plus, apparently these yo-yo have never heard of Bud-Light or Target! OMG!
And this brings us to Planet Fitness.
From BlazeNews:
In Alaska a Planet Fitness member, Patricia Silva, complained that a “trans woman” was shaving in the female locker room while a girl — who could have been as young as 12 years old — was sitting in the corner wrapped in a towel and appearing distressed over the biological male’s presence.
Three days later, Libs of TikTok posted an update, noting that “the woman who exposed a man shaving in an Alaska Planet Fitness women’s locker room with a 12-year-old present just had her membership revoked.
According to the Daily Mail, Planet Fitness said that even though some members may feel uncomfortable sharing facilities in this way, “This discomfort is not a reason to deny access to the transgender member.”
What’s more, the outlet said Planet Fitness revoked Patricia Silva’s membership and filed a police report against her, saying she violated gym policy by taking photos and/or videos in the locker room.(She took a picture of HIM shaving.)
Well, what do you think happened next?
The company’s value dropped from $5.3 billion on March 14 to $4.9 billion on March 19, the outlet said, and its shares were down 13.59% compared to a month ago. The Daily Mail used another set of figures to describe the setback, noting that Planet Fitness’ stock fell by 7.8% on 3/12, going from its opening price of $59.44 to a five-month low of $54.80, before rebounding slightly.
TipRanks reported that investors took nearly 4% of Planet Fitness’ market cap Tuesday, and the company has lost 23.52% of its share price over the past year.
Disagreeing with Patricia Silva’s view on transgenderism is one thing, but revoking her membership seems like an act of war!
3/22/24