3 Facts About Planet Fitness You Must Know Before Buying the Stock

Planet Fitness (NYSE: PLNT) made investors happy when it reported better-than-expected financial results for the three-month period that ended Sept. 30. Shares have soared 27% since the start of November, following positive momentum for the overall market.This fitness stock is now trading in record territory. If you're looking to buy Planet Fitness on the recent strength, first take the time to know these three things.Investors have probably seen a Planet Fitness gym near where they live, knowing that it offers a low-priced monthly membership. But it's worth mentioning that the company doesn't own all of these locations. In fact, the vast majority -- 90% to be exact -- are actually franchised stores. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool