Weight Watchers Stock Gains on Oprah’s Weight Loss

Since Oprah Winfrey bought 10% of Weight Watchers (NYSE: WTW) and joined its board in October 2015, the company’s stock has been on a yo-yo diet. Shares rose on the initial announcement, then fell when the company’s early results were not stunning. On Thursday, however, an article on People Magazine’s website revealed the media mogul and former talk show host has lost 40 pounds using the program, and Weight Watchers shares jumped at the news. …read more

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Category: WTW

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