Bad Earnings Weigh In On Diet Stocks
February 14, 2014 at 12:22 PM EST
Weight Watchers International (NYSE: WTW ) shares are in a freefall Friday after missing Q4 EPS by $0.07 and slashing FY2014 guidance from $2.73 to $1.30-$1.60. In Friday’s trading, Weight Watchers is off by 26 percent at $22.65. This is the lowest level for the issue since April 23, 2009,