NEW YORK — Oprah Winfrey's loss is Weight Watchers' gain.
The former talk show host, who bought a nearly 10
Shedding pounds is Winfrey's financial gain as well as Weight Watchers.
She spent about $43.2 million in October 2015 for 6.4 million shares. On Thursday, that stake was worth about $77 million.
But even Oprah has been unable to outpace enormous changes in the weight loss market. Weight Watchers has been facing increasing competition from free apps and technology that tracks food intake and exercise.
Weight Watchers stock is down about 50