Hims & Hers Stock Pops After Massive Acquisition
Hims(HIMS) The Motley Fool·2024-09-14 03:05
The healthcare company will be making more of the product it sells. Shares of healthcare company Hims & Hers Health (HIMS 2.85%) jumped as much as 23.9% this week after news of closing a large acquisition. 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 c ...