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Oprah Makes Weight Watchers Stock Soar

GOLDEN TOUCH

Shares jump 86% on the news.

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Danny Moloshok/Reuters

Weight Watchers International shares soared 86 percent Monday morning on the news that media mogul Oprah Winfrey acquired a 10 percent stake in the diet company. The rush of investors drove up the share price to $12.60, following a long decline in sales and revenue that previously had the stock down 72 percent for the year.

Read it at USA Today