Oprah Winfrey is a bread lover and investors love Oprah.
Just recently, Tuesday afternoon to be precise a business mogul tweeted a video of herself claiming to have lost 26 pounds while eating bread every single day on a Weight Watchers diet, shares of the diet company (WTW) went so high to more than 20%, closing at $13.29 a share.
Just a half hour before the life-changing tweet, which was tweeted around noon, Weight Watchers’ stock was trading at $11.35 a share.
The tweet attracted Oprah — who owns 6.4 million shares, or roughly 10% of the stock, according to data from S&P Capital IQ —earned a whooping sum of $12.5 million dollars on a single tweet, or more than $3 million an hour.
Add in her 3.5 million Weight Watchers’ stock option, which she disclosed in October, and Oprah made a total whopping sum of $19.2 million Tuesday, or close to $5 million an hour.
Winfrey took a 10% stake in Weight Watchers last year — nearly 15% including options — a move that made investors giddy then too and has helped revive the struggling company. Shares moved more than 100% the day of her announcement, making Winfrey $70 million.
Shares jumped again at the end of the year when Winfrey tweeted a video of herself talking about why she joined Weight Watchers, writing "let's do this together."
Now analyzing bread that could help one to loss weight, bringing such an investment in the West Africa Nigerian economy would be good business, Just imagine manufacturing bread for a population of 180, 000 000 people, any smart investor should grab this opportunity. I could be of a great help if you are in for this great business idea...
Credit : USA Today
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