As Peloton Sinks, Planet Fitness to Borrow for Big Expansion
(Bloomberg) — Budget gym company Planet Fitness is boosting its debt load to buy more gyms, in a bet that consumers will keep returning to health clubs as the pandemic shows signs of easing. Most Read from BloombergJeremy Grantham Doubles Down on Crash Call, Says Selloff Has StartedEarly Omicron Breakthroughs Show mRNA Vaccines’ WeaknessStocks Seesaw as Traders Eye Risks; Bitcoin Sinks: Markets WrapCrypto Selloff Pushes Bitcoin to a Six-Month Low of $38,000American Airlines Sues The Points Guy
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