Hims & Hers Health Inc. (NYSE: HIMS) stock was hit significantly on Friday following its CEO's public support for pro-Palestinian protesters.
What Happened: The company's stock plummeted by 8% during Friday's trading session due to CEO Andrew Dudum's public endorsement of pro-Palestinian campus protesters and his call for them to join his company.
The telehealth and online pharmacy services provider's stock slightly recovered 0.89% during after-hours trading.
Dudum's support for the protesters was shared on X, formerly Twitter, where he stated, "Moral courage > College degree."
He further encouraged those protesting against the genocide of the Palestinian people and advocating for their university's divestment from Israel.
"If you're ...