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Planet Fitness shares fall as company announces new CEO, though analyst sees upside
PLNTPlanet Fitness(PLNT) CNBC·2024-04-16 17:24

Planet Fitness announced Tuesday that Colleen Keating will take over as the fitness club's new CEO, effective June 10.Craig Benson, who has been serving as interim CEO since the departure of Chris Rondeau in September, will remain on the board of directors.The announcement comes after months of searching, and some analysts are calling it a positive for the stock, despite shares falling more than 3% following the announcement.Piper Sandler analyst Korinne Wolfmeyer said the news is "the first catalyst of sev ...