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-0.000306560392397459 0.000613120784794482 -0.00153280196198664 0.00337216431637031 0.0159411404046596 0.0159411404046596 0.0159411404046596 0.0159411404046596
Stock impact report

Hims & Hers Stock Pops After Massive Acquisition [Yahoo! Finance]

Hims & Hers Health, Inc. Class A (HIMS) 
Company Research Source: Yahoo! Finance
According to data provided by S&P Global Market Intelligence , shares are up 18.3% for the week as of 2:30 p.m. ET. Hims & Hers gets deeper into compounding The biggest news was Hims & Hers issuing 976,341 shares of common stock to acquire Nivagen Pharmaceuticals, which does business as MedisourceRX. The company is a compounding pharmacy, which will allow Hims & Hers to bring some product production in-house rather than outsourcing it to third parties. While investors may not be pleased by the dilution , strategically the deal makes a lot of sense. Products can now be produced in-house, and Hims & Hers can take that margin. It will also allow the company to be more flexible with what it produces and how products are combined into one solution. Volatility continues for Hims & Hers While this week was good for the stock, shares of Hims & Hers have been all over the place over the past six months. It's very possible the gains from this week were magnified by a rising market, an Show less Read more
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