Listen Live
K97.5 Featured Video
CLOSE

Billionaire media mogul Oprah Winfrey has acquired 10% stake in Weight Watchers International, sending dieting company’s stock soaring earlier today after a prolonged stump.

The company’s stock had lost 72% of its value this year before the news was publicized. However, now, investors flocked to Weight Watchers shares this morning sending the stock up more than 100% to $13.67 earlier this afternoon. The surge indicates that investors believe the mass migration away from the company’s weight-loss program will finally come to an end.

Today, Oprah made $60M in one day due to the Weight-Watchers deal!! Talk about making big moves!

Related Stories:

HAPPY BIRTHDAY OPRAH WINFREY!!!

Oprah Winfrey Set To Speak At Maya Angelou’s Memorial Service

Text “K975” To 52140 for your chance at ticket giveaways and news before anyone else!…Standard Messaging Rates Apply

LIKE K97.5 On Facebook To Keep Up With your favorite artist and celebrity news!

<span style="font-family: Calibri,Verdana,Helvetica,Arial