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WW International shares have experienced significant gains in premarket trading, surging approximately 49% following a 47% increase in the prior session. The stock's performance has been buoyed by speculation and recent news that the company is entering the weight loss drug market. Shares had previously risen by 28% and are up another 50% premarket.
Sitting in the Tall Grass Before the close yesterday I took a floater, a 1% sized position, in $WW on the hunch that the news of them getting into the fat people drug business would buoy shares in the after hours. Not only was I right, I was exactly right. I booked at trade in…
$WW up another 50% premkt after being up 50% yesterday- lots of spec and squeezing again lately https://t.co/CN91RaQyNm
$WW - WW INTERNATIONAL SHARES UP ABOUT 49% PREMARKET FOLLOWING 47% SURGE IN PRIOR SESSION