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Benzinga
Benzinga
Business
Vishaal Sanjay

Oprah Winfrey-Backed Wellness Stock Stumbles As GLP-1 Boom Reshapes Consumer Habits: Growth Score Plummets

Indianapolis,-,Circa,August,2020:,Ww,International,Studio,,Formally,Weight

Prominent weight-loss and wellness company, WW International Inc. (NASDAQ:WW), backed by renowned talk show host Oprah Winfrey, has seen better days, with the company filing for bankruptcy early this year, and continuing to teeter on the edge after relisting on the Nasdaq.

The company's struggles are largely tied to the surge in GLP-1 weight-loss drugs from giants like Novo Nordisk A/S (NYSE:NVO) and Eli Lilly And Co. (NYSE:LLY), a shift that has pushed many consumers away from traditional weight-loss and wellness programs.

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