Oprah Winfrey's Departure Sends WeightWatchers Shares Plummeting

WeightWatchers shares plummeted by over 25% in premarket trading following Oprah Winfrey's announcement that she will not seek reelection to the board, causing concern among investors. Winfrey, who has been on the board since 2015, plans to donate her financial interest in the company to the National Museum of African American History and Culture and continue advocating for weight health. The company also reported a significant financial loss, and Winfrey's departure raises questions about the company's future direction.