Investors Buzz: Quenqua to join Weight Watchers International (NASDAQ:WW) as Chief Communications Officer

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Weight Watchers International (NASDAQ:WW) stock identified change of 13.41% away from 52-week low price and recently located move of -82.08% off 52-week high price. It has market worth of $1251.08M . WW stock has been recorded -4.45% away from 50 day moving average and -53.59% away from 200 day moving average. Moving closer, we can see that shares have been trading -3.84% off 20-day moving average.

WW (NASDAQ:WW) – the new Weight Watchers –declared that Joe Quenqua will join the company as Chief Communications Officer, effective June 10, 2019.  Mr. Quenqua will be a member of the Executive Committee and report to Mindy Grossman, WW President and Chief Executive Officer. He will lead communications globally as the company continues to evolve to become the world’s partner in wellness, in addition to maintaining leadership in healthy weight loss.

Mindy Grossman, President and CEO said “I’m thrilled that Joe has joined the WW team”.  “He is a seasoned communications professional with an outstanding track record working with some of the most successful and admired brands in both the entertainment and technology industries. His expertise in brand building, particularly in the consumer and tech sectors, will be invaluable in shaping our story across all of our stakeholders as we continue to inspire millions to live healthier lives.”

Quenqua’s responsibilities include both external and internal communications. He brings over thirty years of experience in public relations and strategic corporate communications across a diverse portfolio of film, television, music, tech and lifestyle brands. Mr. Quenqua comes to WW directly from his role as Managing Director at 42West, one of the entertainment industry’s leading PR firms and, before that, served as Executive Vice President and head of the national entertainment practice for DKC/Dan Klores Communications. In these roles, Joe worked with a vast array of clients in both the entertainment and tech industries.

The Services sector company, Weight Watchers International noticed change of 2.65% to $18.95 along volume of 1724269 shares in recent session compared to an average volume of 3441.3K. The stock observed return of 9.60% in 5 days trading activity. The stock was at -15.44% over one month performance. WW’s shares are at -2.52% for the quarter and driving a -78.43% return over the course of the past year and is now at -50.84% since this point in 2018.

The average volatility for the week at 5.61% and for month was at 4.70%. There are 66.02M shares outstanding and 45.98M shares are floated in market. Right now the stock beta is 2.37.

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