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We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
Planet Fitness Inc.’s stock reversed early losses to gain 8% on Thursday, as investors looked past a revenue shortfall and lowered guidance to focus on a price hike and other positives from its earnings call.
Hampton, N.H.-based Planet Fitness PLNT had net income of $34.3 million, or 39 cents a share, for the quarter, after income of $22.7 million, or 27 cents a share, in the year-earlier period.
Excluding...
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