NYSE:HIMS - New York Stock Exchange, Inc. - US4330001060 - Common Stock - Currency: USD
HIMS & HERS HEALTH INC (NYSE:HIMS) is a high-growth telehealth stock meeting Minervini’s Trend Template with strong earnings, revenue growth, and bullish technicals.
Let's dive into the action on the US markets on Tuesday. Here are the most active stocks that are driving the market today.
Growth stocks tend to be heavily-shorted dart throws
If Hims were to align with Lilly, Citi warned, it would signal the company has "thrown in the towel" on compounded medications.
Mentions: LLY
Eli Lilly will be presenting data from studies on multiple GLP-1 drugs later this month. Eli Lilly (NYSE: LLY) stock hasn't been doing too well this year, but that could change later this month. If Eli Lilly presents strong data, the stock could be set to rally and potentially be on a path to reaching new highs.
Eli Lilly & Co. will only work with telehealth firms that agree to stop selling copycat versions of weight-loss drugs, diminishing the likelihood of a partnership with one most visible players in the industry, Hims & Hers Health Inc.
Mentions: LLY
(Reuters) -Hims & Hers Health is betting that the cash-pay market for weight-loss drugs will drive up customer demand although some analysts see a need for the online website to adjust to changing competition in the U.S. Hims has thrived in the market for cheaper compounded versions of highly in-demand weight-loss drugs, such as Novo Nordisk's Wegovy. This was allowed by the U.S. Food and Drug Administration when those drugs were in shortage.
Penumbra launches FDA-cleared Ruby XL System to bring advanced coil technology to high-flow embolization procedures.
Mentions: NVO
Hims & Hers stock is on the upswing after the company secured a weight-loss drug partnership. Hims & Hers is acquiring its way into Europe and wants to build more personalized drugs for its telehealth customers. Many companies have failed to disrupt the complicated U.S. healthcare market.
Shares of Hims & Hers have crushed the market over the last year.
Shares of Hims & Hers have crushed the market over the last year.
Hims & Hers is gaining market share in the telehealth sector and has a long runway to disrupt the healthcare industry. One promising stock emerging from the bust is Hims & Hers (NYSE: HIMS). Disruptive innovation helped bring shareholders of Hims & Hers stock major gains.
Hims & Hers accelerates European growth with new ZAVA acquisition, adding localized care and lab testing innovation.
Omnicell (OMCL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mentions: OMCL
EXAS rides on strong Cologuard and Oncotype DX growth, but rising costs and high debt may test its staying power.
Hims & Hers stock is giving up some gains after announcing the acquisition of Zava, a European digital healthcare platform.
Hims & Hers is set to acquire ZAVA to launch in Germany, France and Ireland, deepening its personalized digital health push.
Hims & Hers Health (HIMS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of FactSet Research Systems fell Tuesday after the financial data provider announced CEO Phil Snow will be retiring in September.
U.S. equities were higher at midday as the market sought clarity on U.S. trade negotiations.
The Zava acquisition will enable Hims & Hers to expand its footprint in the U.K. and launch operations in countries such as Germany, France, and Ireland, with other markets expected to follow soon.
The company hopes the deal will help it snag business in the UK, building a similar model to its U.S. platform.
Mentions: LLY