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Stock impact report

PLNT Stock Jumps 65% in 6 Months: Should You Buy the Surge or Wait? [Yahoo! Finance]

Planet Fitness, Inc. (PLNT) 
Last planet fitness, inc. earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Its stock's price performance has left the industry behind, especially during the past six months. The company's share price has surged 64.9% in the said time frame, outperforming the Zacks Leisure and Recreation Services industry, Zacks Consumer Discretionary sector and the S&P 500. The detailed price performance is shown in the chart below. Image Source: Zacks Investment Research The growth trend of the company is also highlighted by the fact that it reached a 52-week high of $102.81 on Wednesday and then pulled back to $101.02 at the end of the trading session. This leading franchisor and operator of fitness centers in the United States seems to be benefiting from the effective implementation of its new low-cost business model, favorable pricing initiatives across its different membership plans and global expansion efforts. Furthermore, Planet Fitness also stands above, in terms of share price performance, a few of the other market players including Xponential Fitness, Inc. Show less Read more
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