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Planet Fitness (PLNT) Enters Portugal, Starts $500 Million Buyback After Strong Q3

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Planet Fitness (PLNT) Enters Portugal, Starts $500 Million Buyback After Strong Q3

Planet Fitness (NYSE: PLNT) reported strong Q3 results and raised full year guidance in its latest update. The company agreed to enter Portugal by acquiring an existing network of clubs, marking its first move into that market. Management announced a new US$500 million share

Directly affected

  • PLNT Planet Fitness+41.5% 13d

    Named in this report.

Indirectly affected

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“portugal”).

  • ASML ASML Holding N.V-7.1% 13d

    ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“portugal”) reaches its shares.

  • HSBC HSBC Holdings-5.8% 13d

    HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“portugal”) reaches its shares.

  • SHEL Shell+3.5% 11d

    Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“portugal”) reaches its shares.

  • NVS Novartis AG-0.1% 12d

    Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“portugal”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PLNT-7.79%-4.95%baseafter closeafter closeafter closeafter close
VGK+0.86%+3.36%baseafter closeafter closeafter closeafter close
ASML+7.09%+5.03%baseafter closeafter closeafter closeafter close
HSBC-1.29%+2.68%baseafter closeafter closeafter closeafter close
SHEL+5.91%+2.77%baseafter closeafter closeafter closeafter close
NVS-0.72%+1.46%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Planet Fitness (PLNT) Enters Portugal, Starts $500 Million Buyback After Strong Q3 Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
ASMLthree days earlier+5.03%final price
ASMLfive days earlier+7.09%final price
HSBCthree days earlier+2.68%final price
HSBCfive days earlier-1.29%final price
NVSthree days earlier+1.46%final price
NVSfive days earlier-0.72%final price
PLNTthree days earlier-4.95%final price
PLNTfive days earlier-7.79%final price
SHELthree days earlier+2.77%final price
SHELfive days earlier+5.91%final price
VGKthree days earlier+3.36%final price
VGKfive days earlier+0.86%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Planet Fitness (PLNT) Enters Portugal, Starts $500 Million Buyback After Strong Q3” scores 12 out of 100. The score uses 1 sources.