Planet Fitness' valuation has plummeted $400 million in five days after they banned a member who shared a photo of a 'trans woman' using a female locker room. The company's value dropped from $5.3 billion on March 14 to $4.9 billion on March 19, and its shares are down by 13.59 percent compared to a month ago.The decline follows Planet Fitness refusing to walk back its decision to ban a member who exposed a '' shaving in a female locker room earlier this month.
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