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WW - Why WW International Was Soaring 17% Higher Today
WW International Inc.
Shares of WW International (NASDAQ: WW) were soaring 17% higher in midday trading Thursday after the weight-loss leader reported first-quarter earnings that beat management's expectations.
While WW reported a GAAP loss of $0.26 per share, adjusted for restructuring costs, the loss came to $0.20 per share, much better than the $0.24 per share Wall Street expected.