Oprah loses 26 pounds, gains $12.5M on Weight Watchers stock

Oprah loses 26 pounds, gains $12.5M on Weight Watchers stock, Oprah Winfrey loves aliment and investors adulation Oprah.

After the mogul tweeted a video of herself Tuesday afternoon proclaiming she had absent 26 pounds while bistro aliment every individual day on a Weight Watchers diet, shares of the diet aggregation (WTW) skyrocketed added than 20%, closing at $13.29 a share.

Just a bisected hour afore the exploited tweet, which went out about noon, Weight Watchers’ banal was trading at $11.35 a share.

As a result, Oprah — who owns 6.4 actor shares, or almost 10% of the stock, according to abstracts from S&P Capital IQ —earned $12.5 actor dollars on a individual tweet, or added than $3 actor an hour.

Add in her 3.5 actor Weight Watchers’ banal option, which she appear in October, and Oprah fabricated a whopping $19.2 actor Tuesday, or abutting to $5 actor an hour.

Winfrey took a 10% pale in Weight Watchers endure year — about 15% including options — a move that fabricated investors bemused afresh too and has helped animate the disturbing company. Shares confused added than 100% the day of her announcement, authoritative Winfrey $70 million. Shares jumped afresh at the end of the year if Winfrey tweeted a video of herself talking about why she abutting Weight Watchers, autograph "let's do this together."
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