Weight Watchers' stock price jumped 40% in 24 hours after reporting earnings. How did it happen? The perfect storm of stock, market and growth.
Weight Watchers International (WTW 15.75) received a huge boost on the news that Oprah Winfrey had invested $43 million in the stock and will take a seat on the company’s board of directors and become a spokesperson. The news sent Weight Watchers’ stock soaring...