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Stock impact report

Why this gym industry titan doesn't see gyms vanishing as more people adopt GLP-1 medication [Yahoo! Finance]

Planet Fitness, Inc. (PLNT) 
Last planet fitness, inc. earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Listen and subscribe to Opening Bid Unfiltered on Apple Podcasts Amazon Music Spotify YouTube , or wherever you find your favorite podcasts. Don't tell gym industry legend Mark Mastrov that GLP-1s will crush his beloved space like a 100-pound dumbbell being dropped on one's foot. "I've seen a lot of people out there I know personally who've said, look, I've gone on a GLP-1, I've lost 30 pounds," Mastrov said in a new episode of Yahoo Finance's Opening Bid Unfiltered podcast (see video above; listen below). "But what's so interesting is all of them are getting into the gym. Like they come to me saying, I want to join a gym, I want to get a trainer, I want to get after it." This embedded content is not available in your region. Mastrov is one of the gym industry's OGs. Now 68 years old and worth a reported $400 million, Mastrov co-founded 24 Hour Fitness in 1983. He transformed it from a single gym into a global powerhouse with over 420 clubs and 4.5 million members before se Show less Read more
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