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Planet Fitness Loses $400 Million in Market Value After Controversial Membership Cancellation

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Planet Fitness,Market Value,Gym Membership

Planet Fitness's market value dropped by $400 million after canceling the gym membership of a person who photographed a male transgender person in the women's locker room. The incident went viral on TikTok, with critics accusing the gym of prioritizing inclusivity over women's safety and privacy. The drop in market value was celebrated by those boycotting the gym.

Planet Fitness's market value dropped by $400 million after canceling the gym membership of a person who photographed a male transgender person in the women's locker room. The incident went viral on TikTok, with critics accusing the gym of prioritizing inclusivity over women's safety and privacy.

The drop in market value was celebrated by those boycotting the gym.

 

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