Up Over 370% in the Past Year, Does Weight Watchers Stock Still Have Room to Run?

Up Over 370% in the Past Year, Does Weight Watchers Stock Still Have Room to Run?

All hail Oprah Winfrey.

If you're a long-term Weight Watchers International (NYSE: WTW) investor, no doubt you're sharing this sentiment. In the last year, shares of the company are up approximately 370%.

It's a far cry from October 2015, when the billionaire announced she was taking a 10% stake in the company and joining the board of directors. Oprah quickly became the de facto face of the then-beleaguered company, buying Weight Watchers at less than $7 per share. It's paid off handsomely for the former talk-show host to the tune of approximately $300 million.

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Source: Fool.com