Description: Shares of WW International, also known as WeightWatchers, skyrocketed Tuesday after the company said it planned to buy Sequence, a telehealth platform that provides treatment for obesity.
Source: CNBC.com – video reports
Date: Mar 07, 2023
Link: https://www.cnbc.com/2023/03/07/weightwatchers-stock-surges-sequence-deal.html
Questions for discussion:
- Explain why the stock soared?
- How does this acquisition change the business model at the company?
- How does this change management and operations?
- How does the WW brand name help with future development?
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