Oprah Winfrey
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  • WW (Weight Watchers) was down 35% early Wednesday after reporting profit guidance that was well below estimates.
  • The talk-show personality Oprah Winfrey, who at one time owned about 10% of the company, avoided some of the pain as she loaded off a quarter of her stake last year.
  • Winfrey dumped around 1 million shares in March 2018, avoiding a loss of at least $40 million as of Wednesday morning.

WW (Weight Watchers), a provider of dieting programs, shed more than 30% of its value late Tuesday after reporting profit guidance that was well below estimates. But one of its key shareholders, the talk-show personality Oprah Winfrey, who at one time owned about 10% of the company, avoided some of the pain as she loaded off a bunch of her stake last year.

Winfrey, an ambassador for Weight Watchers for years, joined its…