US health clubs become biggest losers as pandemic clears gym floors [Reuters]
Planet Fitness, Inc. (PLNT)
Last planet fitness, inc. earnings: 2/25 04:05 pm
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Source: Reuters
US health clubs become biggest losers as pandemic clears gym floors NEW YORK, March 24 (LPC) - US health clubs are among the biggest losers in the loan market, as the spreading coronavirus has forced some gym operators to close their doors on government order while patrons adhere to strict social distancing measures and avoid crowded spaces. A loan for luxury fitness club operator Equinox has fallen to an average bid of roughly 70-72 cents on the dollar this week, down from levels near 100 cents on the dollar, referred to as par, last month, according to two sources monitoring the transaction. Life Time Fitness, which designs and builds multi-use fitness centers, has a term loan quoted at a bid of 69-70 cents this week, down roughly 21 cents from February, sources said. With US state and city governments enforcing tough restrictions on local businesses, residents are being encouraged to stay indoors to limit the spread of the respiratory virus. With health clubs closed, trainers are h
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PLNT
News
- Planet Fitness Loses Bid to Acquire Blink Fitness Assets in Bankruptcy Court Decision [Yahoo! Finance]Yahoo! Finance
- Police investigate death of missing man found in tanning bed at Indianapolis Planet Fitness [MSNBC.com]MSNBC.com
- Planet Fitness loses 11th hour bid to acquire bankrupt Blink [MSNBC.com]MSNBC.com
- Planet Fitness loses 11th hour bid to acquire bankrupt Blink [CNBC]CNBC
- Man found dead in tanning bed at Planet Fitness in Indianapolis 3 days after he walked into the gym [FOX Business Network]FOX Business Network
PLNT
Earnings
- 11/7/24 - Beat
PLNT
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- PLNT's page on the SEC website