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Shares of WW International (NASDAQ: WW) plunged on Wednesday after the wellness company's second-quarter financial results disappointed investors. As of 2:45 p.m. EDT, WW's stock price was down more than 25%.
The company formerly known as Weight Watchers saw its revenue fall 10.2% year over year (on a constant currency basis) to $311.4 million. WW ended the quarter with 4.9 million subscribers, a decline of 1.9% from the year-ago period.