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Stock impact report

The War Over Cheaper Ozempic Won't End Well for Some Investors [Yahoo! Finance]

Hims & Hers Health, Inc. Class A (HIMS) 
Company Research Source: Yahoo! Finance
Shares of Hims & Hers Health, the telehealth provider better known for its trendy commercials for erectile-dysfunction medications, are up more than 150% this year. The company said last month it would start offering compounded forms of the injections that use the same active ingredients as the popular drugs Ozempic and Wegovy. The stock soared before Hims & Hers sold even a single injection. Most Read from The Wall Street Journal Americans Chasing High Interest Rates Risk Falling Into a ‘Cash Trap' Volkswagen to Invest Up to $5 Billion Into EV Maker Rivian The Clock Is Ticking on Jane Fraser's Citigroup Turnaround New York Times to Move Podcasts Behind Paywall Forget Shale: Canada's Oil Sands Are Having Their Moment For now, given the Food and Drug Administration's rules allowing drugs to be compounded during shortages and the fact that most insurance policies don't cover obesity medications, Hims & Hers is filling an important void. But over the longer term, there ar Show less Read more
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