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Jenny McCarthy

So much for the 'Oprah effect,' as Weight Watchers stock fades

So much for the 'Oprah effect,' as Weight Watchers stock fades

There was plenty of stock market news to chew over last week, but the item that drew the largest volume of chatter on the celebrity pages involved Oprah Winfrey and the diet company Weight Watchers International.

Just as the market opened on Wednesday, you see, Oprah tweeted a promotional video about her experience as a Weight Watchers customer —  the copy read: "Eat bread. Lose weight. Whaaatttt? #ComeJoinMe" — and the company's shares went wild. By the end of the day, Weight Watchers had gained nearly 20% from its close the day before, ending at $13.29.

It wasn't lost on anyone that Oprah also is a heavy investor in...

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