Hims & Hers Health

$HIMS yesterday reported results that didn't go well and failed to convince investors, so the shares are down 16% in premarket today. I don't own the stock, but I'd guess this drop will be only temporary and then it could rise again.

Will any of you be buying $HIMS today after that drop?

I see that shares of $HIMS have fallen more than 60% from their all-time highs (ATH), which is no small amount. I personally don't follow this company closely right now, but I'd be interested to know the main reasons for this decline.

Does anyone have any idea why $HIMS shares have dropped so significantly? Do you see it more as an opportunity or as a trap?

📅 This week's key market events!
Earnings season continues, especially in the technology and pharmaceutical sectors. Added to this are macro data that may stir market expectations for the next rate hike. Here's a round-up of the highlights:

🔵 Monday
Results before the markets open:
OnSemiconductor $ON - need to watch demand for chips in the automotive sector
Tyson Foods $TSN - price...
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💊 Novo Nordisk expands distribution of Wegova via telehealth. Hims & Hers shares jumped by more than 25%!
Danish pharmaceutical giant Novo Nordisk $NVO is coming up with another move to accelerate sales of its weight loss drug Wegova. The drug will now also be available through telemedicine platforms such as Hims & Hers Health $HIMS, LifeMD, and including NovoCare's direct...
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📉 Hims & Hers shares fall by more than 20%!
Shares of Hims & Hers Health $HIMS plummeted by more than 30 %, even though the company reported year-over-year revenue growth of 95 % to $481 million, beating Wall Street' s expectations . Important, however, were weaker gross margins and news that the company will likely discontinue sales of compounded semaglutide (a diabetes drug),...
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📅 This week's key events: Corporate results, macro data and tech dominance !📊

The new week brings earnings season in full swing, along with important economic indicators. Personally, I'll be focusing on the results Nvidia, Dell, HP a Salesforcewhile macro data like GDP per Q4 and data on PCE inflation will certainly be key to future market direction.

🍕Monday
Results before the...
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Hims & Hers Health: growth title in telemedicine with explosive revenue growth

Hims & Hers Health $HIMS is one of the fastest-growing stocks of 2024, with its expansion into the weight-loss injections (GLP-1) segment and aggressive marketing strategy driving its stock up 150%.

1. Rocketing revenue growth

- Q1: +46% | Q2: +52% | Q3: +72%

- Expected growth for Q4: up to 90%

-Demand...
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Hims & Hers Health : A fast-growing healthcare company

Hims & Hers Health $HIMS is an innovative player in telemedicine and health products. It offers consumers subscription-based services that provide easy access to prescriptions and other health and wellness products. Users can complete virtual visits with physicians of various specialties and obtain needed prescriptions...
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📆 Next week's investment calendar! 🚀

Here's my recap of the most interesting events coming up in the next week!

Monday 🌐:

📊 New Home Sales for January (Expectations 684,000, previously 664,000), month-over-month for January (expected +3%, previously +8%).

💹 Earnings: Domino's Pizza $DPZ, Freshpet $FRPT, Hims & Hers $HIMS, Unity Software $U, Workday $WDAY, Zoom $ZM and other...
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