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Hims and Hers loses $210 million in stock value after CEO says he is ‘eager’ to hire anti-Israel protesters
New York Post ^ | May 3, 2024 | Patrick Reilly

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 ...


TOPICS: Business/Economy; Foreign Affairs; Front Page News; Government; Israel; News/Current Events; Politics/Elections
KEYWORDS: ackman; antisemitism; billackman; domesticenemies; education; genocide; gobroke; gowoke; gowokegobroke; pershingsquare; woke
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1 posted on 05/04/2024 5:32:44 PM PDT by george76
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To: george76
Hims and Hers... Never heard of it. Otherwise I would boycott them.
2 posted on 05/04/2024 5:34:25 PM PDT by Rummyfan (In any war between the civilized man and the savage, support the civilized man.)
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To: george76

Go woke, go broke!


3 posted on 05/04/2024 5:34:38 PM PDT by rod5591
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To: george76

Too bad it didn’t drop 98%


4 posted on 05/04/2024 5:40:00 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: george76

CEOs are getting really dumb


5 posted on 05/04/2024 5:40:02 PM PDT by butlerweave
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To: george76

OPEN MOUTH

INSERT BOTH FEET

LOSE A SMALL FORTUNE IN HOURS

AIN’T AMERICA GREAT???


6 posted on 05/04/2024 5:44:33 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: Rummyfan

He’s a big time donor to Jamaal Bowman, Qasim Rashid, and Justice Democrats.


7 posted on 05/04/2024 5:45:15 PM PDT by thegagline (Sic semper tyrannis! Goldwater & Thomas Sowell in 2024)
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To: george76

‘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.


8 posted on 05/04/2024 5:45:30 PM PDT by Qiviut (If the genocide was unintentional, they would have pulled the poison vaccines, long ago.)
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To: SaveFerris

ANOTHER week is right around the corner !!!!!

Patience, Grasshopper.


9 posted on 05/04/2024 5:45:37 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: ridesthemiles

👍👍


10 posted on 05/04/2024 5:46:08 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: george76

As for this company, I earned every hair I don’t have, and none of your business.


11 posted on 05/04/2024 5:56:49 PM PDT by Shady (The Force of Liberty must prevail for the sake of our Children and Grandchildren...)
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To: thegagline

“He’s a big time donor to Jamaal Bowman, Qasim Rashid, and Justice Democrats.”

And Obama.


12 posted on 05/04/2024 5:59:14 PM PDT by TexasGator
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To: george76

At least the company has its pronouns right.

I still pray he repents, or goes out of business.


13 posted on 05/04/2024 5:59:32 PM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: chajin

“At least the company has its pronouns right.”

Hims? LOL!


14 posted on 05/04/2024 6:01:20 PM PDT by TexasGator
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To: george76

The founder and CEO is a Hamas Wanna Be!
Run him out of Business.


15 posted on 05/04/2024 6:01:39 PM PDT by tennmountainman ( (“Less propaganda would be appreciated.” JimRob 12-2-2023 DITTO)
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To: george76

FOAD Hims

Moron


16 posted on 05/04/2024 6:02:56 PM PDT by VeniVidiVici
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To: Rummyfan
Hims and Hers... Never heard of it. Otherwise I would boycott them.

He peddles fake Viagra.

Seriously.

17 posted on 05/04/2024 6:03:28 PM PDT by Drew68
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To: george76

18 posted on 05/04/2024 6:06:02 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: george76

what an idiot! shareholders should sue him


19 posted on 05/04/2024 6:08:12 PM PDT by TexasFreeper2009
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To: george76

“Buzzy healthcare company Hims & Hers”

What the hell does ‘buzzy’ mean?


20 posted on 05/04/2024 6:08:38 PM PDT by dljordan (What do you think?)
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