Hims & Hers Health ( (HIMS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Hims & Hers Health’s stock has been on a downward trend recently, primarily due to insider selling and worries about competition and regulatory risks. This decline comes despite the company’s overall gains earlier in the year. The upcoming Q3 earnings release is expected to bring significant volatility, as investors look for updates on business momentum and expansion strategies. Analysts are divided, with some pointing to slowing growth and valuation concerns, while others see potential in revenue growth and new international and product expansions.
More about Hims & Hers Health
YTD Price Performance: 80.40%
Average Trading Volume: 28,860,514
Technical Sentiment Signal: Buy
Current Market Cap: $10.27B
For further insights into HIMS stock on TipRanks’ Stock Analysis page.
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