Hims & Hers shares tumble 18% as margin miss adds to concerns about GLP-1 business
The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City.Hims & Hers Health shares plunged 18% in extended trading on Monday after investors looked past better-than-expected revenue and earnings and focused instead on the disappointing gross margin. Here's how the company did:Earnings per share: 11 cents vs. 10 cents expected by LSEGRevenue: 470 million expected by LSEGRevenue at the telehealth company increased 95% in the fourth qu ...