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$117 million gone: Oprah loses more than weight

2016-09-14 1 Dailymotion

Oprah's arrival as a 10% stakeholder in Weight Watchers bumped its stock price from less than $7 to more than $26. But shares of the company have crashed 66% since the November 2015 enthusiasm over her involvement with the company. Furthermore, shares in Weight Watchers fell 8% following the resignation of CEO Jim Chambers on Monday. The media mogul has seen $117 million in wealth vanish and is now using her position on the board to push for management changes.

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