Medifast Inc (NYSE: MED) shares plummeted -3.3700 percent to $272.67 a share on Wednesday, a net loss of $9.51. Throughout the day, shares fluctuated between $282.84 and $270.26.
About Medifast Inc
Medifast Inc. is a company that specializes in fast food. Medifast is the parent company of OPTAVIA®, one of the fastest-growing health and wellness communities, which provides clients with scientifically developed products, clinically proven plans, and the support of Coaches and a Community to help them achieve Lifelong Transformation, One Healthy Habit at a Time®. Medifast has revolutionized direct marketing by integrating the finest parts of the business, based on over 40 years of expertise. Through the unique Habits of Health® Transformational System, our network of thousands of independent OPTAVIA Coaches teaches Clients how to create comprehensive healthy habits. In 2020, Medifast is rated second on FORTUNE’s list of the 100 Fastest-Growing Companies. In 2017, Forbes placed the firm on its list of the 100 Most Trustworthy Companies in America.
