Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I’ve written on this website in gushing terms on the disruptive business model being operated by The Gym (GYM). However, I mentioned before that it has “one larger competitor”. That competitor is floating on the LSE and so it is perhaps not surprising to see The Gym shares slipping on the announcement.
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