It’s only possible to remain elated for so long.
Even though Weight Watchers (NYSE: WTW) shareholders were invigorated by the news that Oprah Winfrey had bought 10% of the company and joined its board in October 2015, that enthusiasm faded as the months went on. Because of that, after popping big at the announcement of the former talk show host’s involvement, the company’s shares began a slow descent.