Exercise

Planet Fitness' stock looks fatigued

Data: Investing.com; Chart: Axios Visuals

After a rocket rise over the past five years during which it jumped from $17.81 a share in August 2015 to more than $75 a share in April, Planet Fitness' stock has been unimpressive in recent months. It sold off after the company beat earnings expectations Tuesday but missed on expected growth.

What's happening: Concern is beginning to grow about the sustainability of the company's business model, which relies on consistently bringing in members who don't actually use the gym and churning out increasing revenue from franchisees, the Wall Street Journal's Spencer Jakab writes.

The youth sports exodus

An illustration of a trophy with the typical trophy figurine walking away.
Illustration: Sarah Grillo/Axios

The average child today spends less than three years playing a sport and quits by age 11, according to a new survey of sports parents conducted by the Aspen Institute and Utah State University.

Why it matters: For parents who see the benefits of their kids playing sports and for a nation in the midst of a childhood obesity epidemic, keeping kids active is extremely important.