Should I Go to the Gym During the Coronavirus Outbreak?
If you're wondering where all those hand wipes have gone from the shelves, some have no doubt ended up at a Planet Fitness (NYSE: PLNT) facility. With over 2,000 locations globally, Planet Fitness centers certainly go through a fair share.
Investor fears brought on by the spread of COVID-19 have affected the entire stock market, and more specifically those businesses that involve social gathering or interaction. Fitness centers where patrons use common equipment are an area of concern for obvious reasons, and the shares of Planet Fitness have dropped more than 40% in the last three weeks, beyond the approximate 25% loss of the S&P 500. But insiders are taking this opportunity to buy, and you should too.
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Source Fool.com
