Hims & Hers Stock Hits Record High on Blood-Testing Lab Acquisition
1. Hims acquired Trybe Labs, enhancing at-home blood testing services. 2. Shares jumped roughly 20% to record highs following the announcement. 3. New service will analyze various health metrics for customers. 4. Company funded acquisition with existing cash, retaining strong asset base. 5. Fourth-quarter earnings report due soon, potentially influencing stock movement.