Planet Fitness Transgender Policy Sparks Investor Concern and Boycott Calls

Planet Fitness faces investor backlash after transgender policy controversy sparks a 4% stock plunge.

The gym’s decision to defend a transgender woman’s restroom use led to member discomfort and a membership revocation, triggering threats of a boycott.

Patricia Silva, who filmed the incident, expressed concerns over sharing space with a biologically male individual. Investors reacted swiftly to the fallout, highlighting tensions between inclusivity and customer comfort.

Despite Planet Fitness’s commitment to an inclusive environment, the incident underscores ongoing debates surrounding transgender rights and corporate policy. The aftermath sees calls for a boycott as the gym navigates its response to public outcry.