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MARKETS LIVE BLOG:

STOCKS WOBBLE WITH NETFLIX EARNINGS ON DECK

Gas prices: Why one U.S. region will see 'stiff increases' this week

Planet Fitness (PLNT) Catches Eye: Stock Jumps 7.8%

Zacks Equity Research
·2 min read

Planet Fitness, Inc. PLNT was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $27.54 –$62.63 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen four negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Planet Fitness currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Planet Fitness, Inc. Price

Planet Fitness, Inc. Price
Planet Fitness, Inc. Price

Planet Fitness, Inc. price | Planet Fitness, Inc. Quote

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A better-ranked stock in the Leisure and Recreation Services industry is Camping World Holdings Inc. CWH, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Camping World Holdings Inc. (CWH) : Free Stock Analysis Report
 
Planet Fitness, Inc. (PLNT) : Free Stock Analysis Report
 
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