WeightWatchers CEO just sent an internal memo to employees as stock crashes, amid debt concerns, Oprah exit
Publishing timestamp: 2024-03-15 08:49:06
Summary
WeightWatchers CEO reassures employees about company's financial position and growth of new GLP-1 weight-loss drug clinicals business. Stock has been volatile due to concerns about debt load and core weight-loss business. Analysts are optimistic about company's ability to service debt and grow clinical business. Oprah Winfrey leaving board and donating shares to museum. Company facing challenges in transforming legacy business and growing clinicals business. Oprah Winfrey to appear in weight-loss special on ABC.
Sentiment: MIXED
Tickers: NOVO.B-DK, WW, NVO, LLY,
Keywords: eli lilly and co, obesity, business news, ww international inc, pharmaceuticals, weight loss diets, health care industry, novo nordisk a/s, oprah winfrey,