On Thursday, WeightWatchers stock was worth $3.12 — down from a 2021 high of $40.
WeightWatchers' value jumped by $700 million in just two days after Winfrey joined the company in 2015, with shares more than doubling.
AdvertisementBut WeightWatchers and other weight loss companies have struggled in the recent Ozempic-era, as GLP1 medications become more accessible and commonplace.
(Evidence suggests Winfrey's endorsement of GLP-1 medications sparked a spike in demand for them, as well. )
The statement said WeightWatchers' board of directors is supportive of Winfrey's proposal to donate her stock to the museum.
Persons:
—, Winfrey's, Winfrey, Oprah Winfrey, Phil, Oz, Suze Orman, WeightWatchers, Semmelbauer
Organizations:
Service, Business, WW International, Magazine, National Museum of
Locations:
WeightWatchers