Options Bears Target Sinking Planet Fitness Stock

Planet Fitness Inc (NYSE:PLNT) is drawing bearish attention today, with 8,179 puts exchanged so far -- nine times the intraday average volume -- compared to 3,311 calls. While there is no specific catalyst for today's negative price action, PLNT was last seen down 6.8% at $55.66 -- its lowest level since November -- while eyeing its fifth-straight daily drop and worst day since September. The stock has already shed over 23% in 2024.This pessimism has been prevalent over the past two weeks. Over at the Inter ...