Planet Fitness Inc
Gen Z and millennials embrace health and wellness. These stocks could benefit
Americans are embracing health and wellness — and none more than Gen Z and millennials. People are spending more than $500 billion in the United States on wellness, and it is growing at 4% to 5% each year, according to McKinsey . Nearly 30% of Gen Zers and millennials said they are prioritizing wellness “a […]
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Cramer’s week ahead: Earnings from Nvidia, Dell and Home Depot
CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street and highlighted earnings reports from Home Depot as well as tech giants Nvidia and Dell. He also discussed the market’s decline over the past few sessions — especially the poor performance of formerly-hot growth stocks — predicting investors haven’t seen the end […]
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Planet Fitness loses 11th hour bid to acquire bankrupt Blink
In an aerial view, customers leave a Planet Fitness gym on May 09, 2024 in Richmond, California. Justin Sullivan | Getty Images Planet Fitness lost its bid in bankruptcy court to acquire budget fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness placed its competing eleventh hour bids early this month […]
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Stocks making the biggest moves midday: Super Micro Computer, Tesla, Coinbase, Planet Fitness and more
Check out the companies making headlines in midday trading. Donald Trump trades — Individual stocks viewed as trades tied to Donald Trump’s election odds surged as the Republican clinched a return to the White House. Trump Media & Technology , majority owned by Trump himself, popped nearly 5%. Tesla , whose CEO publicly backed the […]
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Planet Fitness enters 11th hour bid for bankrupt Blink Fitness
A Blink Fitness location in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Planet Fitness wants to acquire bankrupt budget-fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness previously lost out in a bankruptcy auction against U.K.-based, privately held fitness chain PureGym. Now the U.S. chain, with […]
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This is why David Einhorn thinks Peloton could be worth five times what it is now
David Enhorn pitches Peloton at the Robin Hood Investors Conference. Getty Images (L) | CNBC (R) Greenlight Capital’s David Einhorn thinks Peloton could trade as high as $31.50 a share if the company slashes costs, which could double its current adjusted EBITDA projections, CNBC has learned. That’s about five times the current price of its […]
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Stocks making the biggest moves premarket: PDD Holdings, Boeing, Planet Fitness and more
Check out the companies making headlines before the bell. Boeing — Shares fell more than 1% after NASA announced Saturday it will turn to SpaceX to bring back two astronauts from the International Space Station. Boeing has said its Starliner was safe for the astronauts to fly home in case of an emergency — despite […]
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As strength training gets more popular, Peloton and Planet Fitness shift focus
Shauntil Cox lifts weights with the help of her trainer, Deano Troost, at a Planet Fitness in New Caney, Texas, on Sept. 19, 2023. Jason Fochtman | Houston Chronicle | Hearst Newspapers | Getty Images A growing share of gym users is looking to build muscle, leading major fitness companies to refocus their efforts beyond […]
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Equinox Group-owned gym chain Blink Fitness files for bankruptcy
Blink Fitness location in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Blink Fitness, a budget-friendly gym chain owned by luxury fitness company Equinox Group, has filed for Chapter 11 bankruptcy. The low-cost fitness brand, with more than 100 centers in the U.S., is the latest chain to seek bankruptcy post-pandemic, […]
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Stocks making the biggest moves midday: Kenvue, Caterpillar, Uber, CrowdStrike and more
Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts’ estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from analysts polled by FactSet. Revenue […]
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