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PLNT Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Planet Fitness, Inc. Securities Lawsuit - Contact SueWallSt

$PLNTPress releaseSep 3, 2026, 10:11 AM ETRead the release

SueWallSt, a brand of plaintiff firm Levi & Korsinsky LLP, is soliciting investors to seek lead-plaintiff status in a securities class action against Planet Fitness, Inc. (NYSE: PLNT) covering purchases between November 6, 2025 and May 6, 2026. The complaint alleges PLNT made misleading statements about marketing effectiveness, membership growth, and Black Card pricing before shares fell from $63.96 to $44.01 on May 7, 2026, a one-day drop of roughly 31.19% following a guidance cut. The lead plaintiff deadline is September 14, 2026.

Key figures

Class period
November 6, 2025 to May 6, 2026
Close 2026 05 06
63.96
Close 2026 05 07
44.01
Per share decline
$19.95
Stock decline pct
31.19%
Lead plaintiff deadline
September 14, 2026
Alleged may7 guidance revision
same-club sales growth cut from 4-5% to ~1%; revenue growth from ~9% to ~7%; adjusted EBITDA growth from ~10% to ~6%

AI analysis

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