Hims & Hers Stock Drops 12.8% After Short Report
Hims(HIMS) The Motley Fool·2024-06-28 03:07
Is this a warning or a buy sign for Hims & Hers stock?Shares of online pharmacy Hims & Hers (HIMS -7.77%) dropped as much as 12.8% on Thursday after a short-seller wrote a report about the company. Shares recovered slightly during trading and are down 7.8% at 2:30 p.m. ET today.The short-seller's reportHunterbrook Media put out what appears to be a journalistic article, but it's in fact tied to Hunterbrook Capital, which is short the stock. As with any short report, investors should read it with an open min ...