The Gym Group – “Operations and Trading Update”, And...
By HotStockRockets | Monday 16 November 2020
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.
The Gym Group (GYM) has updated including “three-month period ongoing paying members were up 2.4% at 588,000 compared to re-opening (25 July 2020: 574,000)… has traded profitably and cash generatively” and “continues to see an opportunity to access attractive potential new sites and is building a pipeline for new openings in 2021”, but its shares have soared for another reason…
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