Loading...
Loading...
Browse all stories on DeepNewz
VisitHims & Hers Health Adds GLP-1 Injections for Weight Loss, Stock Soars 30%
May 20, 2024, 01:26 PM
Hims & Hers Health has announced the addition of compounded GLP-1 injections to its weight loss program. The news has positively impacted the company's stock, with $HIMS experiencing a significant increase in value. The stock saw a 10% rise shortly after the announcement and later spiked by 20%. By the end of the day, $HIMS was up 30%. This move positions Hims & Hers Health to offer both compounded GLP-1 weight loss treatments and mainstream options, potentially expanding its market reach in a big market.
View original story
Markets
Yes • 50%
No • 50%
Company press releases or major financial news outlets
Yes • 50%
No • 50%
Stock market data
Yes • 50%
No • 50%
Market analysis reports
Stock price grows significantly (over 15%) • 34%
Stock price stable or declines • 33%
Stock price grows modestly (up to 15%) • 33%
Stock market data and financial news analysis
Below 10% • 33%
10% to 20% • 33%
Above 20% • 34%
Quarterly financial statements
10% or less • 33%
More than 20% • 34%
11% to 20% • 33%
Stock market data