Why Planet Fitness Stock Jumped to an All-Time High Today

Sales are growing faster than expected, putting to rest the concerns of some investors. Shares of gym chain Planet Fitness (PLNT 11.25%) jumped on Thursday after the company reported financial results for the third quarter of 2024. As of 3:30 p.m. EST, Planet Fitness stock was up 11%, but it had been up by even more earlier in the day and had touched all-time highs. Back to record highs It's quite the comeback for Planet Fitness. From late 2021 through late 2023, the stock lost about half of its value, with ...