Planet Fitness Tumbles 11% in 3 Months: Buy the Dip or Fold?

Planet Fitness, Inc.’s (PLNT) share price has plunged 10.7% in the past three months. However, despite the declining trend, the stock has outpaced the Zacks Leisure and Recreation Services industry, the broader Zacks Consumer Discretionary sector and the S&P 500 in the same time frame. The detailed price performance can be studied from the chart below.Image Source: Zacks Investment ResearchThis leading franchisor and operator of fitness centers in the United States is faring well compared to the competitive ...