PLNT - Can These 2 Fitness Companies Bounce Back From 2020?
Brick-and-mortar gyms struggled in 2020 due the COVID-19 pandemic, giving an outsize opportunity to at-home fitness equipment companies. In this clip from Motley Fool Live , recorded on June 15 , Motley Fool bureau chief of consumer goods Jena Greene explains why Planet Fitness (NYSE: PLNT) may continue to be challenged in 2021 and beyond.
However, when it comes to the in-person gym experience, Motley Fool bureau chief of healthcare and cannabis Corinne Cardina presents private company ClassPass as a strong bounce-back candidate going forward. And this is significant because the company is reportedly preparing to go public.
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Can These 2 Fitness Companies Bounce Back From 2020?