Why WW International's Stock Is Trading Higher Today

WW International WW shares are trading higher on Friday amid the market rebound. Guggenheim initiated coverage on the stock with a Buy rating and $28 price target.

WW (formerly Weight Watchers) is a leading player in the $60 billion-plus global weight-management industry. As of March 2020, the company had 1.4 million active meeting subscribers worldwide (run by 8,200 meeting coaches) and 3.6 million active online subscribers.

he company encourages healthy weight loss through exercise, nutrition, and portion control, with aspirations of evolving into a more holistic health/wellness provider.

WW International shares were trading up 5.19% at $24.56 on Friday. The stock has a 52-week high of $47.19 and a 52-week low of $9.75.