TagOprah Winfrey

Billionaire Oprah Winfrey Loses $50 Million in Weight Watchers Shares after 30% Plunge

Oprah Winfrey

Shares of fitness firm WW, which was formerly known as Weight Watchers International, plunged 30% in pre-market hours on Wednesday wiping out nearly $50 million of the stake that Oprah Winfrey holds in the company, according to CNBC. The drop in the stock came after the dieting firm released disappointing 4th quarter and full-year 2018 results. While analysts had been expecting earnings per share...