Planet Fitness shares sink after board ousts CEO in shocking move

Planet Fitness shares sink after board ousts CEO in shocking move In a move that stunned both investors and employees, the big US fitness chain ousted CEO Chris Rondeau and their stock fell to a year-low. During his time as CEO, Rondeau tripled its club base from about 700 to 2,400 locations and grew revenues from $200 million to a projected $1 billion this year…