Weight Watchers and President Oprah? We are not kidding.
Weight Watchers (NYSE:WTW) is up 13% on strong volume today.
There hasn’t been any company news announced today.
There is specualtion boosting the stock right now because Weight Watchers stakeholder Oprah Winfrey is drawing some big headlines.
What are we talking about?
Well, in case you missed it, Oprah’s Golden Globes speech last night received warm approval.
In addition, some media outlets are reporting that she is “actively thinking” about running in the 2020 President election.
As for WTW stock, we beleive this rally will be short lived, so do be sure to book some profits if you have them!
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