
$HIMS, the stock for Hims & Hers Health Inc., experienced a significant decline, dropping nearly 10% after hours, including a 9% drop initially. This drop follows investor concerns about the company's future revenue streams and its plans to offer tirzepatide, a weight-loss drug, later this year. The company currently offers compounded semaglutides and is expected to add tirzepatide to its offerings. Meanwhile, the FDA has clarified policies for compounders as the national supply of GLP-1 drugs, including tirzepatide, begins to stabilize. Despite the selloff, some investors are taking advantage of the lower stock prices, with early buyers purchasing 5000 February $20 calls at $2.20. The retail crowd appears to be in shambles over the performance anxiety.
It seems a little early to attribute this to GLP-1 drugs. As @juliaoftoronto @jaspar reported last year, obesity rates in high-income countries have been starting to slow/plateau for some time now https://t.co/HBzOseJdlt https://t.co/EFY29TPyhF
"One in eight US adults have used Ozempic and other GLP-1 drugs" https://t.co/I47c8I89HY
Insightful piece by @chrissyfarr today looking at whether obesity rates are truly going down. I’d say it’s intriguing, but we may be getting ahead of ourselves! Thanks for including me! https://t.co/HwCo7lQ3Jp https://t.co/4UIRKJJnRT

















