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Oprah Moves the Needle on Weight Watchers Stock

By:
Alicia Adamczyk
2 min read
American talk show host Oprah Winfrey poses during rehearsals for her 'An Evening With Oprah' arena show at Rod Laver Arena in Melbourne, Victoria. - David Caird—Newspix via Getty Images
American talk show host Oprah Winfrey poses during rehearsals for her 'An Evening With Oprah' arena show at Rod Laver Arena in Melbourne, Victoria. David Caird—Newspix via Getty Images

Oprah Winfrey, TV host, business mogul and philanthropist extraordinaire, has had a very public history with weight loss attempts. She's up, she's down, she's pulling fat around in a wagon. Tuesday, Oprah said she was down 26 pounds, and all that weight loss quite literally paid off, as Weight Watchers stock, of which Winfrey is a shareholder, rose more than 20%.

After the talk show host posted a video on Twitter Tuesday claiming she's lost weight despite eating bread every day, Weight Watchers shares climbed 20.7% to $13.42, as of 2:20 p.m. It's a nice bump for the company, though it's still below the $13.92 price for the company back in October, when Oprah announced she was buying a 10% stake in the company and joining its board.

Shares jumped more than 100% back then, according to Business Insider. "Weight Watchers has given me the tools to begin to make the lasting shift that I and so many of us who are struggling with weight have longed for," Opra said at the time. "I believe in the program so much I decided to invest in the company and partner in its evolution."

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