Planet Fitness Stock Lowers After Secondary Offering

Shares of gym operator Planet Fitness were declining by 3.14% to $20.35 in premarket trading
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Shares of gym operator Planet Fitness (PLNT) - Get Report were declining by 3.14% to $20.35 in premarket trading on Friday morning, continuing a dip that began in after-hours trading Thursday, after the company said stockholders will sell 16.1 million common shares in a secondary offering.

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This article was written by a staff member of TheStreet.