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WeightWatchers Stock Soars on Copycat Weight-Loss Drug Offering
WWWW International Inc.(WW) Investopedia·2024-10-08 16:40

Key Takeaways Shares of WW International, better known as WeightWatchers, soared Tuesday after it said it is offering copycat weight-loss drugs to its members. The compounded treatments will contain the same active ingredient as Novo Nordisk's weight-loss medicines. Shares of the company have slumped as the boom in weight-loss drugs has cut into demand for WeightWatchers' services. Shares of WW International (WW), better known as WeightWatchers, jumped nearly 25% Tuesday when the dieting services company an ...