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Transgender Weightlifter Doesn't Medal

Laurel Hubbard's historic appearance at the Tokyo Olympics did not have a fairytale ending ... the transgender weightlifter did not medal in her event Monday.

Hubbard -- competing for New Zealand -- attempted to snatch more than 250 pounds over her head ... but failed on all three reps.

In her first, a 264-pound lift, she could not stand up the weight, sending the bar behind her back. Her second lift, a 275-pound snatch, was ruled a "no lift" by judges.

Her third and final lift, another attempt at 275 pounds, was unsuccessful as well .