Why Peloton Won't Kill Planet Fitness' Business

Why Peloton Won't Kill Planet Fitness' Business

This has been an excruciating year for Planet Fitness (NYSE: PLNT). Planet Fitness is limping, but Peloton (NASDAQ: PTON) is sprinting. Planet Fitness owns and franchises over 2,000 gym locations, with its sights set on at least 2,000 more.