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 ...
So, another company joins the stupids over at Budlight and Target eh?
Stock went flaccid?
Yessiree, nothing speaks “smart hiring decisions” better than taking on professional vandals who hate capitalism.
They haven’t lost enough...
DEI
Don’t Employ Imbeciles...
Play stupid games, win stupid prizes. Jerk to the nth. How about you just shut up and capitalism?
Dudum
Employs
Imbeciles
“go woke, go broke” is now “go hamas,lose your ahss”
The ‘Death to America’ faction has plenty of corporate support. Nothing new either.
Beholden to Blackrock and friends.
Stupid MF....
Or are they short selling?
That last name of his can only be read as “Dumdum”
Hope it goes to zero!
Never heard of it, but I’m glad the scumbag outed himsself. Now I will make sure nobody in my family buys his muzzie scum crap.
Thanks, I needed a feel good story.
I considered their products, using blood pressure medicine has side effects. Prescription medicine is over $30 a pill, insurance won’t cover it. However, not now. Not doing business with terrorists.
“Prescription medicine is over $30 a pill”
nonsense: 90 day supply of generic Benicar is $42.66 with goodrx coupon; probably even cheaper with kroger singlecare.
bump
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