WeightWatchers Stock Plummets as Customers Shift From Diets Amid Oprah's Exit

• WeightWatchers stock plummets 50% over past month, down 74% YTD amid Oprah Winfrey's exit from board • CEO Sima Sistani sends memo to employees saying company has strong liquidity despite stock drop • Sistani pushes back on concerns over growth, liquidity; vows to "prove the naysayers wrong" • Analysts speculate consumers flocking to weight loss drugs like Ozempic as alternative to WW • Sistani "As we stay focused on delivering for our members, the stock price will take care of itself"