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re: Planet Fitness stock drops 7% and mass membership cancelation... continues Trans bathroom

Posted on 3/19/24 at 3:40 pm to
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
2651 posts
Posted on 3/19/24 at 3:40 pm to
quote:

we're referencing ESG here? I can accept that large firms are more likely to back a company with "high" ESG standards.. but these people seem to be backing ESG over money in a lot of instances and I'm trying to figure out how/why.


Because BlackRock wants to "force behaviors" i.e. ESG/DEI and they think it's the long play. Short term pain and turmoil for long-term gain/respect/brand integrity/customer loyalty. They're fricking retards.
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