Planet Fitness main stockholders are institutional investors— Blackrock, Vanguard and a few others. No wonder they don’t mind the drop in stock price. Also, Goldman Sachs provides business loans to a number of the Planet Fitness franchisees. Plenty of leverage to push a narrative.
Planet Fitness main stockholders are institutional investors— Blackrock, Vanguard and a few others. No wonder they don’t mind the drop in stock price. Also, Goldman Sachs provides business loans to a number of the Planet Fitness franchisees. Plenty of leverage to push a narrative.
Aah, now I know.