Shares of Hims & Hers (NYSE: HIMS) is down big this week after Amazon (NASDAQ: AMZN) announced its expansion into telehealth. The market thinks this is terrible news, but is it? Travis Hoium covers the industry dynamics in this video.
*Stock prices used were end-of-day prices of Nov. 14, 2024. The video was published on Nov. 14, 2024.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Hims & Hers Health. The Motley Fool has positions in and recommends Amazon and Walmart. 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.
