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If You Invested in These 4 Fitness Stocks Ahead of the Last New Year, Here's How Much You'd Have


Published on 2024-12-11 11:23:08 - MSN
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  • Fitness engagement in 2024 has been much more dynamic than it was pre-pandemic. According to ABC Fitness, there was a significant increase in gym check-ins on its platforms in the first quarter

The article from MSN discusses the performance of four fitness-related stocks over the past year, highlighting how investments in these companies would have fared. Planet Fitness (PLNT) saw a 20% increase in stock value, driven by a recovery in gym attendance post-COVID. Peloton Interactive (PTON) experienced a significant decline of 50%, reflecting challenges in maintaining growth post the initial surge during the lockdown. Nike (NKE) had a modest gain of 5%, despite facing supply chain issues and a shift in consumer behavior. Lastly, Lululemon Athletica (LULU) performed exceptionally well with a 50% rise, buoyed by strong demand for its athleisure products and expansion into new markets. The article suggests that while the fitness industry has shown resilience, individual company performances varied widely due to different market dynamics and operational strategies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/health/fitness-and-exercise/if-you-invested-in-these-4-fitness-stocks-ahead-of-the-last-new-year-here-s-how-much-you-d-have/ar-AA1vGdEQ ]