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WeightWatchers stock rallies 170%! But new compounded GLP-1 drug is 'not a sustainable long-term business model.'

By Yahoo! Finance   |   Oct 10, 2024 at 05:36 PM EST
WeightWatchers stock rallies 170%! But new compounded GLP-1 drug is 'not a sustainable long-term business model.'

WeightWatchers is venturing into the weight-loss drug market to revitalize its struggling business, with a recent surge in stock value. By offering compounded GLP-1 drugs, the company aims to compete with giants like Novo Nordisk and Eli Lilly, despite potential challenges ahead.

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