Why were Weight Watchers and uranium mining stocks up today?
Why were Weight Watchers and uranium mining stocks up today?
Today, we have a tale of two stock ticker symbols.
WTW: The shares for Weight Watchers International are up 5.3 percent today because company spokesperson and investor Oprah Winfrey revealed in a new ad this morning that she’s lost 40 pounds.
URRE: The shares for the Uranium Resources Incorporated, a uranium mining company, ended the day 31 percent higher. It’s a penny stock, so take that into account, but still. The proximate cause of the spike — and the chart it corresponds to the minute — was this tweet from Donald Trump:
The United States must greatly strengthen and expand its nuclear capability until such time as the world comes to its senses regarding nukes
— Donald J. Trump (@realDonaldTrump) December 22, 2016
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
