Monday, November 09, 2015
Oprah Causes Another Spike in Stock Prices for Weight Watchers
Last month Oprah Winfrey made a quick $70 million off her $45 million investment in Weight Watchers when stock prices soared the day after her announcement [click here if you missed that].
Last Friday Oprah announced she would be appearing in Weight Watchers commercials causing another spike in share prices…
Oprah Winfrey raked in a whopping $100 million last week after Weight Watchers shares shot up 35% after Oprah announced she would be starring in the new Weight Watchers commercials.
Weight Watchers also reported better than expected earnings and sales after the closing bell on Thursday.
The Oprah effect is real.