Weight Watchers tumbles as investors say hello to Bye

WW International

09/09/2026 18:36

** WW International WW.O shares down 14.8% to $15.34 on Weds after the co named Stephen Bye as its chief executive officer, effective this fall
** Stock on track for biggest daily pct drop since May 7
** Bye, who has over 30 years of leadership experience, most recently served as CEO of connectivity intelligence co Ookla and replaces Tara Comonte, who left in March
** The co, which emerged from bankruptcy last year, has been trying to gain a stronger foothold in women's health, including programs for GLP-1 medicines
** Stock on track to close below 50-day moving avg for first time since August 21
** Of the 3 analysts that cover WW, breakdown of recommendations is 1 "buy," and 2 "hold" ratings, per LSEG data
** Median price target of $30 is unchanged over the past three months
** WW shares down ~48% YTD vs ~13% gain in Nasdaq Composite .IXIC 
     
     
     
     
     
     

(Reporting by Chuck Mikolajczak)
((charles.mikolajczak@tr.com; @chuckmik.bsky.social))