Losing Weight Is Losing Ground in the Stock Market

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Despite expecting a postpandemic boom, weight-loss and nutrition companies have lost half or more of their value in the past year explains Spencerjakab WSJWhatsNow

These companies have slimmed down drastically in the past year. Their new look isn’t at all flattering.

Herbalife Nutrition , Medifast and WW International are all in the business of helping their customers shed unwanted pounds—a perennial battle that people in the developed world are slowly losing. About 70% of Americans are obese or overweight. The pandemic presented both a unique challenge and opportunity for companies that rely on human intermediaries to sell those products and services. On the one hand, in-person meetings were hampered.

 

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Spencerjakab

Spencerjakab I am poor man can't hv meals in life sir

Spencerjakab

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