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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Content»Oprah gains $12.5m on Weight Watchers stock just by tweeting about eating bread
    Oprah Winfrey

    Oprah gains $12.5m on Weight Watchers stock just by tweeting about eating bread

    0
    By Staff Writer on January 27, 2016 Content, LifeStyle

    All Oprah Winfrey had to do was tweet about eating bread and losing weight. By this act, she gained $12.5million on Weight Watchers stock.

    How did it happen?

    She tweeted about a new Weight Watchers ad where she said she lost the weight despite eating bread every day. And up and away, Weight Watchers shares jumped by as much as 20% in trading after.

    Just last October, Oprah bought a stake in Weight Watchers, joined the program, and became a member of its board. Shares jumped more than 100% following the news that day, although they’re down 23% over the past year. Weight Watchers International is an American company that offers various products and services to assist weight loss and maintenance.

    Here is a picture of the stock gain .

    Oprah Winfrey Weight Watchers

    And the tweet the caused the stock gain

    Eat bread. Lose weight. Whaaatttt? #ComeJoinMe https://t.co/jUgpk9ToXYhttps://t.co/xtnB53EwSf

    — Oprah Winfrey (@Oprah) January 26, 2016

    Kudos to the power of Social media. Oprah currently has over 30 million followers on Twitter.

     

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