CEO David Trainer sat down with Chuck Jaffe of Money Life and MarketWatch.com to talk about our Danger Zone pick this past week: Planet Fitness (PLNT).
As with most IPO’s, Planet Fitness (PLNT), home of the $10-a-month gym membership, is going public at a time when business is booming and sentiment is strong. It is one of the largest fitness centers in the country and boasts rapid store, membership, and revenue growth. The stock gets our Neutral rating, and we advise caution when considering this IPO for a few reasons.
Photo Credit: Ryan Godfrey (Flickr)