Torque Asset Management Acquires $4 Million Stake in Planet Fitness Amid Significant Stock Decline

On May 15, 2026, Torque Asset Management LLC established a new position by purchasing approximately 49,500 shares of Planet Fitness (NYSE:PLNT) for an estimated value of $4.35 million. The stock has declined by over 51% in the past year and underperformed the S&P 500 significantly.

By Josh Kohn-Lindquist, The Motley Fool Thu, May 21, 2026 at 8:09 PM GMT+3 4 min read · Yahoo Finance ·

Torque Asset Management Acquires $4 Million Stake in Planet Fitness Amid Significant Stock Decline

Tickers: $PLNT

Topics: 13F filing portfolio_update stock_purchase

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