Weight Watchers plummeted after a severely disappointing full-year forecast, so it’s turning again to the name that fueled its last rally: Oprah.
The wellness company that’s been rebranding itself as WW tumbled as much as 34 percent late Tuesday after warning member recruitment will decline in 2019. It’s targeting profit between $1.25 and $1.50 a share this year, a far cry from the $3.36 analysts had been estimating. Revenue will be about $1.4 billion, below the nearly $1.7 billion projected.
