Is Hims & Hers Stock a Buy After Short Report?

Is Hims & Hers Stock a Buy After Short Report?

Shares of Hims & Hers (NYSE: HIMS) fell on Thursday after a short report was published by a short-seller. This kind of report can often send stocks lower, but is it a reason to panic or a buying opportunity? In this video, Travis Hoium digs into the report's claims and why this is bullish for investors.

*Stock prices used were end-of-day prices of June 27, 2024. The video was published on June 28, 2024.

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Travis Hoium has positions in Hims & Hers Health. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.