US Stock Market Move | Hims&Hers Health (HIMS.US) falls over 10%, totaling a 15% drop over two days.
After a 16% surge on Wednesday, Hims & Hers Health (HIMS.US) fell more than 10% on Friday, resulting in a total drop of 15% in two days, completely erasing the previous gains.
After rising 16% on Wednesday, Hims & Hers Health (HIMS.US) fell more than 10% on Friday, leading to a cumulative 15% decline over two days, wiping out previous gains. In terms of news, the company announced earlier that they have introduced affordable treatment options for people in perimenopause and menopause. The launch of menopause care services expands the company's business into the field of hormone replacement therapy. Hims & Hers also mentioned that they expect this new specialized service to help their "Hers" department achieve a target of generating over $1 billion in annual revenue next year.
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