Buzz Stocks: T-Mobile US Inc, Weight Watchers International, Inc., and Intersil Corp

Today's stocks to watch in the news include T-Mobile US Inc (NASDAQ:TMUS), Weight Watchers International, Inc. (NYSE:WTW), and Intersil Corp (NASDAQ:ISIL)

Sep 13, 2016 at 9:30 AM
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U.S. stocks are wallowing in red ink ahead of the bell, as oil sells off following a dismal global supply outlook. Meanwhile, among specific names in focus are telecommunications stock T-Mobile US Inc (NASDAQ:TMUS), weight management firm Weight Watchers International, Inc. (NYSE:WTW), and integrated circuit specialist Intersil Corp (NASDAQ:ISIL).

  • After just three years on the job, WTW CEO James Chambers said he will resign, effective Friday, Sept. 30. A trio of executives will cover the position until a search committee -- which includes board member Oprah Winfrey -- finds a replacement. After closing last night at $10.36, the shares of Weight Watchers International, Inc. are pointed 3.4% lower in electronic trading, and will likely explore year-to-date lows. This projected price action is just more of the same for the stock, though, considering it's surrendered 63% since notching a 52-week peak of $28.05 last November. Short sellers are betting on even more losses, too. Short interest jumped 4% in the most recent reporting period, and now accounts for a whopping 62% of WTW stock's available float.

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