Description: The struggling diet company is getting a much needed boost from Oprah Winfrey. She’s buying a 10% stake, becoming a Weight Watchers member and joining the company’s board.
Source: CNNMoney.com – video report
Date: Oct 19, 2015
Link: http://money.cnn.com/video/investing/2015/10/19/oprah-winfrey-weight-watchers-wtw.cnnmoney/
Questions for Discussions:
- How has Oprah’s involvement affected expectations of financial improvement at Weight Watchers?
- Do you think the stock jump would have been as great had Oprah signed on as a spokesperson but not as an owner and member of the board?
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