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HIMS
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15 days

Hims & Hers sees ‘an exciting period of growth,’ but stock falls - MarketWatch

1. Hims & Hers' Q3 revenue forecast fell short, impacting after-hours shares. 2. Company maintains full-year sales outlook despite disappointing quarterly earnings forecast. 3. CEO stresses growth in high-impact specialties, expanding personalized care offerings. 4. Company faces backlash from Novo Nordisk over promotion and product legitimacy. 5. Stock up 161.9% YTD, yet shares dropped 11.8% in after-hours trading.

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FAQ

Why Bearish?

The revenue forecast falling short can dampen investor sentiment, as seen prior post-earnings drops. HIMS shares have shown volatility after missing estimates historically.

How important is it?

The revenue shortfall and subsequent drop in shares signify immediate market concerns, reflecting on the company's standing with investors.

Why Short Term?

Immediate market reactions to earnings forecasts typically influence short-term trading patterns, as evident from past trends where disappointing earnings lead to swift share price declines.

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