According to Black America Web, Oprah Winfrey may not see a great increase from her investment in Weight Watchers. They reportedly did not receive enough subscribers this winter and as a result expects to see profits suffer.
Weight Watchers International’s stock has dropped more than 30 percent in after-hours trading Tuesday. This means that if it were to carry over to Wednesday, Winfrey could be looking at a %50 Million loss.
The CEO of the company, Mindy Grossman says they hope the company will gain more traffic in the spring months with the help of digital campaigns that include the media mogul, Oprah.