Hims Stock Plummets After CEO Andrew Dudum Offers Anti-Israel Protestors Jobs
hims stock plummets after ceo andrew dudum offers anti-israel protestors jobs
Hims & Hers Health Inc’s stock plummeted more than 11% Friday after the company’s CEO Andrew Dudum said he is ‘eager’ to hire university students participating in anti-Israel protests across the United States. The male hair loss and erectile dysfunction treatment company’s value, according to reports, dropped by $200 million.
Dudum had earlier posted on X, platform formerly known as Twitter: “If you’re currently protesting against the genocide of the Palestinian people & for your university’s divestment from Israel, keep going. It’s working.” He then posted a link to his company’s recruitment website.
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“Moral courage > College degree. There are plenty of companies & CEOs eager to hire you, regardless of university discipline,” he added.
The Hims CEO faced severe backlash on social media following his tweet, the reply section of which was turned off. Dudum founded the company in 2017. His family lives in Gaza and the West Bank.
Reacting to his tweet, one person wrote: “Real moral courage doesn’t involve joining a mindless mob, chanting anti-US and other woke pablum, following instructions not to debate or discuss your positions at all yet being indignantly righteous, while large numbers in the mob chant for violence and block Jewish students.”
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“That is a publicly-traded company, it is not your little fiefdom any longer – your duty is to shareholders, not your personal politics. Outrageous mismanagement,” another one added.
Andrew Dudum had written a blog post in November calling for a ceasefire in Gaza. “Now, a month past the October 7th attack, we find ourselves in a world where Israel has killed an estimated 10,000 Palestinians with over 4,000 innocent children in a military response that nearly all international experts decry as violations of international law and human rights,” it read.