Weight Watchers International, Inc. WTW shares are trading higher by $2 at $13.12 in Tuesday's session. There is renewed interest in the weight-loss company following a treat from Oprah Winfrey.
See Also: Weight Watchers Continues Surging, Investors Loving Oprah's Latest Advertisement
The issue, which has lost more than half of its value since November 20 when it peaked at $27.38, is recouping some of those losses in today's session.
On January 20, it matched the low for the day ($10.75) amid the initial announcement of her stake in the company, and it bottomed at $10.61.
The issue had been moving higher already when the tweet instigated a spike to $13.54. That marks the highest level for the issue since it peaked on January 19 at $14.13.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.