Shares in Weight Watchers owner fall as stakeholder exits

The company reported €193m in first-quarter revenue, an 18% drop, as Weight Watchers saw a sharp fall in subscriber numbers

Weight Watchers is grappling with a severe decline in subscribers at its weight management programme.

Shares in the Weight Watchers owner slumped as once top-stakeholder Artal Group exited the company 

The shares in WW International, also known as Weight Watchers, slumped more than 15% after the weight-loss programme operator said former top shareholder Artal Group had sold its remaining stake in the company.