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Torque Asset Management buys $4M of Planet Fitness stock amid 54% drop in 2026

Market News
24 May 2026
Jonathan Ponciano
View Source
Neutral
pluang ai news

Torque Asset Management has purchased $4 million worth of Planet Fitness shares despite the stock falling 54% so far in 2026. This move suggests confidence in the company's long-term prospects despite recent market challenges. Investors may watch for how Planet Fitness performs going forward as the company attempts to recover from its significant price decline.

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