Posted on 05/04/2024 5:32:44 PM PDT by george76
Buzzy healthcare company Hims & Hers lost nearly $210 million in stock value in a single day after the company’s CEO said he and other executives were “eager” to hire anti-Israel student protesters who’ve faced disciplinary actions from their universities.
The online sexual health and pharmaceutical company plummet 8% on Friday from its opening price of $12.24 to $11.26 — just two days after Palestinian-American CEO Andrew Dudum said companies would be happy to have the protesters and encouraged them to apply to Hims and Hers.
“Moral courage > College degree,” Dudum tweeted on Thursday, amid the nationwide anti-Israel protests at universities that have seen more than 2,100 people arrested.
Hundreds more have been suspended or banned from campus activities for participating in the demonstrations.
“If you’re currently protesting against the genocide of the Palestinian people & for your university’s divestment from Israel, keep going. It’s working,” Dudum added.
...
The market cap of the company opened at $2.62 billion and closed at $2.41 billion, and share price continued to slide in after-hours trading on Friday and Saturday.
Trading volume was also more than double the average for the stock — indicating that some shareholders were rushing to get out.
...
Palantir CEO Alex Karp blasted the protesters this week saying they should be shipped off to North Korea as part of an “exchange program” to give them perspective.
...
Bill Ackman, head of Pershing Square Capital Management, was among first to publicly declare he wouldn’t hire students from Harvard who signed a letter allegedly blaming Israel for Hamas’ violent Oct. 7 attack.
(Excerpt) Read more at nypost.com ...
Go woke, go broke!
Too bad it didn’t drop 98%
CEOs are getting really dumb
OPEN MOUTH
INSERT BOTH FEET
LOSE A SMALL FORTUNE IN HOURS
AIN’T AMERICA GREAT???
He’s a big time donor to Jamaal Bowman, Qasim Rashid, and Justice Democrats.
‘Hims’ advertises on a local AM station. The afternoon host is Jewish & brought up the comments made by the CEO ... said he wouldn’t give Hims a nickel of his money. Someone called in & said that Hims advertises on the host’s station - the host said that has nothing to do with him personally & no $$ to Hims ... brought up he thought there was a ‘Hers’, too.
Another ‘Bud Light’ similar situation ... these CEOs seem determined to ‘suicide’ their own companies.
ANOTHER week is right around the corner !!!!!
Patience, Grasshopper.
👍👍
As for this company, I earned every hair I don’t have, and none of your business.
“He’s a big time donor to Jamaal Bowman, Qasim Rashid, and Justice Democrats.”
And Obama.
At least the company has its pronouns right.
I still pray he repents, or goes out of business.
“At least the company has its pronouns right.”
Hims? LOL!
The founder and CEO is a Hamas Wanna Be!
Run him out of Business.
FOAD Hims
Moron
He peddles fake Viagra.
Seriously.
what an idiot! shareholders should sue him
“Buzzy healthcare company Hims & Hers”
What the hell does ‘buzzy’ mean?
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