Planet Fitness shares are trading lower after the company announced Craig R. Benson has been appointed the interim CEO, succeeding Chris Rondeau.
Portfolio Pulse from Benzinga Newsdesk
Planet Fitness has announced the appointment of Craig R. Benson as the interim CEO, succeeding Chris Rondeau. This news has led to a decrease in the company's share price.
September 15, 2023 | 2:51 pm
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NEGATIVE IMPACT
Planet Fitness shares are trading lower following the announcement of Craig R. Benson as the interim CEO.
The announcement of a new interim CEO often leads to uncertainty among investors, which can result in a decrease in the company's share price. This seems to be the case for Planet Fitness, as its shares are trading lower following the announcement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100