Weight Watchers surges more than 20% after its Oprah ads drive subscriber growth

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Weight Watchers surges more than 20% after its Oprah ads drive subscriber growth
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'We are focused on building momentum and look forward to launching our new program innovation later this year,' said CEO Mindy Grossman.

Weight Watchers reported second-quarter earnings that beat expectations Tuesday. It also raised its full year guidance for 2019. Shares soared more than 22% in early trading on the news. The company has been boosted by strong subscriber growth, helped by celebrity endorsements, new technology, and expansion in global markets. Watch Weight Watchers trade live on Markets Insider.

Weight Watchers reported second-quarter earnings that beat expectations Tuesday. It also raised its full year guidance for 2019. Shares soared more than 22% in early trading on the news. The company has been boosted by strong subscriber growth, helped by celebrity endorsements, new technology, and expansion in global markets. Watch Weight Watchers trade live on Markets Insider.

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