Deutsche Bank competition warning extends Planet Fitness selloff

• MT Newswires reported Deutsche Bank’s warning Monday at 3:14 p.m. ET.
• Analyst Chris Woronka flagged risks to market share, same-store sales and unit growth.
• PLNT fell 4.93% Monday, then extended losses 9.77% Tuesday afternoon.
• Shares opened above Monday’s close, showing selling intensified during regular trading.
• Tuesday’s decline was roughly three times PLNT’s one-month average daily range.
• No fresh company release or material SEC filing appeared Tuesday.
• The consumer-discretionary sector was flat, supporting a company-specific continuation move.

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