It’s being reported that Planet Fitness has lost hundreds of millions of dollars after they were exposed for allowing a transgender pretender in the girl’s locker room in Alaska.
Here’s the news from Newsmax:
Planet Fitness’ value dropped $400 million in five days after news that an Alaska gym banned a member for sharing a photo of a trans individual using the women’s locker room.
The company’s stock price, which traded at a monthly high of $66.92 on March 7, plummeted to a low of $56.91 on Wednesday morning.
The stock’s decline followed Planet Fitness’ refusal to overturn its decision to ban Patricia Silva, who said her membership was revoked for violating the rules against photographing other gym users.
Silva photographed a male using the women’s locker room. She said that the man had been shaving his face and told her he was “queer.”
Silva, in a video posted to Facebook, said there was “a little girl sitting in the corner. She could have been [12 years old] … in a towel kind of freaked out.”
Newsmax reached out to Planet Fitness for comment on Silva’s situation and the company’s policy regarding trans club members.
DailyMail.com reported that Planet Fitness, after backlash against Silva’s ban, said that although some members may feel uncomfortable sharing facilities, “this discomfort is not a reason to deny access to the transgender member.”
Planet Fitness’ policy allows members to use the locker room that corresponds with their gender identity.
I hope i wasn’t just that their stock was devalued but they lost memberships too. If they want to continue with this policy of allowing grown men in the girl’s locker room, they deserve to go broke.