Hims & Hers Health Shares Drop 14% Following Earnings Miss and Lowered Guidance
Shares of Hims & Hers Health (HIMS) experienced a significant decline of nearly 14% during morning trading after the telehealth platform reported quarterly results that fell short of analyst expectations. The stock price dropped to $19.76, representing a loss of approximately $3.18 per share. In addition to the earnings miss, the company issued a downward revision for its full-year financial guidance. This combination of underperforming current results and reduced future outlook triggered a sharp sell-off in the consumer-focused digital health provider's stock.
Tickers: $HIMS
Topics: earnings miss guidance reduction stock price decline telehealth
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Part of the story Hims & Hers Health Shares Drop 14% Following Earnings Miss and Lowered Guidance (2 articles)