Planet Fitness (NYSE:PLNT) - After Q4 Miss From Planet Fitness, 4 Analysts On What s Ahead For Gym Chain benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Moody s Investors Services, the notable credit rating agency, boosted their ratings outlook on Planet Fitness Inc (NYSE: PLNT) s debt due to the company s strong operating performance and an improving financial profile.
Moody s upgraded Planet Fitness debt rating from Stable to Positive while. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Technavio Research: Global Gym and Health Clubs Market to Grow by $ 20.31 Billion During 2020-2024 | North America to Offer Several Growth Opportunities in New Normal | Technavio
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Technavio has announced its latest market research report titled Global Gym and Health Clubs Market 2020-2024 (Graphic: Business Wire)
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The rising number of fitness centers and health clubs is one of the major factors propelling market growth. However, factors such as the dearth of trained workforce will hamper the market growth.
Here are five stocks that have the potential to move when the economy opens back up:
1. Indoor Dining:
Dine Brands Global Inc (NYSE:DIN) operates franchised and corporate-owned Applebee s Neighborhood Grill & Bar and International House of Pancakes restaurants. Many states closed or restricted indoor dining when COVID-19 case rates rose. The shares are trading more than 28% below Dine Brands Global s February 2020 highs.
2. Travel: Although
American Airlines Group Inc. (NASDAQ:AAL) share prices have been declining for years, it is trading in a range not seen since 2012.
Travel has been heavily restricted in the U.S. and internationally since last March, and once the economy reopens customers are sure to want to book trips.