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Why Planet Fitness Stock Was Down 19% in the First Half of 2020

TheMotleyFool

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Why Planet Fitness Stock Was Down 19% in the First Half of 2020

Shares of gym chain Planet Fitness (NYSE: PLNT) fell 18.9% in the first half of 2020, according to data provided by S&P Global Market Intelligence. To say it's been a bumpy ride is an understatement. From February to March, the stock was down around 70%, but then it climbed right back to where it started the year.

Planet Fitness stock is actually down 19% in just the last month. And a June 29 press release from the Monongalia County Health Department in West Virginia exemplifies why it's going down.