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Why WeightWatchers’ share price lost nearly a quarter of its value in early trading on Thursday: https://t.co/G2PCpYdiym https://t.co/hVAcsiTgVU
Weight Watchers $WW is down 19% today to $3.10 a share. You could have had it in June 2018 for $106 a share. #WegovyWon
Weight Watchers $WW is down 19% to $3.10 a share. You could have had it in June 2018 for $106 a share. #WegovyWon
Weight Watchers International Inc. ($WW) faced significant stock declines with drops ranging from 19% to 25% in pre-market and after-hours trading. The company's revenue is down by 14.5%, leading to concerns about a year of revenue decline. Oprah's departure from the company contributed to the stock crash. Operating income estimates are also worse than expected. Market cap dropped by about $1.7B in a year, with the stock price now at $3.10, down from $106 in June 2018.