Planet Fitness stock plummets after CEO ousted

157,550 次觀看・1 年前

Shares of Planet Fitness (PLNT) fell sharply after the company's board ousted CEO Chris Rondeau. In a statement, the Chair of the company's board, Stephen Spinelli, Jr., writes that "as we enter the next chapter of Planet Fitness' journey, the Board felt that now was the right time to transition leadership..." Rondeau will remain a member of the board. Yahoo Finance Live's Brad Smith and Akiko Fujita discuss Rondeau's tenure at the Planet Fitness and just how unexpected this move was.