Jefferies downgrades WW to hold, says growth may stall in the near term

Published Wed, Aug 11 20218:45 AM EDTUpdated Wed, Aug 11 20219:50 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

Mindy Grossman took the helm of Weight Watchers in 2017. Under Grossman, the company shortened its name to WW.

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A disappointing quarter from wellness company WW International has taken away the short-term bull case for the stock, according to investment firm Jefferies.

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