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Why WeightWatchers Stock Took a Dive Again Today

TheMotleyFool

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Why WeightWatchers Stock Took a Dive Again Today: https://g.foolcdn.com/editorial/images/761479/nutrition-tracking-food-diet-lose-weight-wellness.jpg

Shares of WW International (NASDAQ: WW), the parent of WeightWatchers, were falling again today as concerns about pressure from GLP-1 drugs like Ozempic continue to push the stock lower. The catalyst for today's slide seemed to be a short report from Cedar Grove Captial Management.

As a result, the stock was down 17.1% as of 12:55 p.m. ET.

Image source: Getty Images.

Source Fool.com

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