Market Overview

Weight Watchers Posts Solid Gains On Oprah Tweet

Share:
Related WTW
Watch These 5 Huge Put Purchases In Thursday Trade
Technical Alert: Weight Watchers Higher After Q3 Beat And Raised Guidance

Weight Watchers International, Inc. (NYSE: 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.

Posted-In: Technicals Intraday Update Movers Trading Ideas

 

Related Articles (WTW)

View Comments and Join the Discussion!