Why WeightWatchers (WW) Stock Is Trading Lower Today
Shares of personal wellness company WeightWatchers (NASDAQ:WW) fell 3.4% in the afternoon session after investors reacted to weak analyst sentiment and a recent earnings report that showed a significant miss on profits. The company reported a loss per share of $0.44, which was wider than the consensus estimate of a $0.14 loss. This indicated that the company's financial performance was worse than experts had predicted. Although the company's revenue of $172.09 million slightly beat expectations,