Planet Fitness shares fall as company announces new CEO, though analysts see upside
Publishing timestamp: 2024-04-16 13:52:45
Summary
Colleen Keating has been appointed as the new CEO of Planet Fitness, with analysts largely cheering the decision despite a slight dip in the company's shares. Keating's appointment is seen as a positive move for the stock, as she brings 30 years of experience in operations and franchise management. The company is facing challenges such as the growing popularity of weight loss drugs and controversy surrounding its locker room policy. Keating will also play a significant role in the search for a new chief financial officer.
Sentiment: MIXED
Keywords: breaking news: business, retail industry, business news, business, intercontinental hotels group plc, planet fitness inc,
Source: https://www.cnbc.com/2024/04/16/planet-fitness-names-new-ceo.html