: Weight Watchers parent WW stock falls amid report of layoffs at rival Jenny Craig

May 3, 2023

Shares of Weight Watchers parent WW International Inc. fell 4.8% Wednesday after a report that rival Jenny Craig is planning to make layoffs.

The S&P 500 SPX index rose 0.3% Wednesday.

Citing internal communications to employees, NBC reports that Jenny Craig will shut its doors. In an email sent to employees late Tuesday Jenny Craig said it…

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