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Hims & Hers Shares Plunge 8% After FDA Ruling

3/8/2025

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Story summary
  • Hims & Hers (HIMS.US) faced a nearly 8% plunge in shares as a court upheld the FDA's ruling to take Zepbound off the shortage list, curbing the company's ability to market alternatives to popular drugs like Ozempic and Wegovy. With a staggering 46% decline since semaglutide's removal, the tele-pharmacy grapples with mounting hurdles.