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WeightWatchers shares tumble as Oprah decides to exit board

Time:2024-04-30 02:45:18

By Bhanvi Satija

Oprah Winfrey wearing a Louis Vuitton dress, Manolo Blahnik shoes, and Chopard jewels arrives at the 81st Annual Golden Globe Awards held at The Beverly Hilton Hotel on 7 January, 2024 in Beverly Hills, Los Angeles, California, United States.

Oprah Winfrey is stepping down from WeightWatchers' board at a time the company is struggling to turn a profit. Its stock has lost more than half its value so far this year. Photo: Image Press Agency / NurPhoto / NurPhoto via AFP