BlackRock's position in Planet Fitness is currently worth $509M. That's 0.01% of their equity portfolio (1130th largest holding). The investor owns 11.96% of the outstanding Planet Fitness stock. The first Planet Fitness trade was made in Q4 2020. Since then BlackRock bought shares eight more times and sold shares on nine occasions. The investor's estimated purchase price is $727M, resulting in a loss of 30%.
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Planet Fitness (PLNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat ...
https://www.investing.com/news/company-news/planet-fitness-shares-hold-buy-rating-on-recent-pricing-adjustments-93CH-3510669
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