20.99
price up icon8.64%   1.67
after-market After Hours: 21.50 0.51 +2.43%
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Why is Hims Hers Health Inc (HIMS) Stock down?

We've noticed a 7.34% decline in Hims Hers Health Inc (HIMS) stock during the 2024-11-15 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
08 Aug, 2023:

Shares of Hims & Hers Health (HIMS) dropped by 5.82% from $7.90 to $7.44 in the trading on Tuesday, August 8, 2023. The reason why HIMS is down today is due to a downgrade rating form Moody's after Q2 earnings report. In Q2 2023, the company saw a loss of three cents per share, surpassing the expected loss of six cents. Quarterly sales reached $207.91 million, exceeding the estimated $204.62 million and marking an 83.08% increase from the previous year's $113.56 million. Hims & Hers also reported a 74% year-over-year growth in subscribers. The company raised its full-year 2023 revenue guidance to a range of $830 million to $850 million and anticipates third-quarter revenue between $217 million and $222 million. Despite positive results, the analysts from Moody's downgraded on HIMS stock, as they claimed that there would be challenges for the company in the future.

$7.07
price down icon 1.81%
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