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Planet Fitness shares sink 15% after board ousts CEO in shocking move

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Summary
Nutrition label

81% Informative

Planet Fitness's board ousted CEO Chris Rondeau from his post as CEO.

The company's stock dropped 15% in the wake of the announcement, hitting a 52-week low.

The workout chain said it is searching for its next chief both internally and externally.

It's not clear what triggered the decision, especially after a stronger-than-expected second quarter earnings report last month .

VR Score

82

Informative language

79

Neutral language

88

Article tone

formal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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