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Why Planet Fitness Stock Jumped Today

TheMotleyFool

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Shares of Planet Fitness (NYSE: PLNT) leapt 9.6% on Wednesday, following hopeful coronavirus-related developments.

Gyms have been hit hard by COVID-19. Many were forced to close during the pandemic. Even as some begin to reopen, many people are choosing to exercise in the comfort and safety of their own homes, rather than at gyms where they could be exposed to the novel coronavirus.

Planet Fitness stock rose sharply on Wednesday. Image source: Getty Images.

Source Fool.com

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