WINFREY OPRAH Director 3/04/2024 Disposition (Non Open Market) Direct 1,128,638 $0.00 0 What do you think? Did she sell at zero and owns zero shares?
She donated the shares to the National Museum of African American History and Culture, a Smithsonian institution in Washington, D.C. https://www.cbsnews.com/news/oprah-winfrey-weight-watchers-ozempic/
Thanks. Oprah is completely out of the picture. Her dalliance with weight watchers is a business casebook study. what is the lesson?
Looks like she woke up to the fact that there is more money in weight-loss drugs than advocating for eating less.
WW stock is so bad it has done worse than ZM since the peak in Oct 2020. Down 91% vs. 87%. WW is currently worth $147 million and it will dead in a few years. Hurricane Oprah decimated the stock.
Shed no tears for Oprah. Perhaps some reader can determine how much she made off her ride with Weight Watchers. That is why it is a casebook study. She exited like a heroine by donating her last shares.