Stock Market Today, April 21: Hims & Hers Health Drops as Amazon Unveils Competing Weight Loss Program

Hims & Hers Health (NYSE:HIMS), the consumer-focused telehealth platform, closed Tuesday at $29.76, down 4.03%. The stock declined during the regular session after Amazon (NASDAQ:AMZN) launched a competing GLP-1 weight-loss program, though it has still gained 39.33% in the past week. Trading volume reached 56.7 million shares, about 50% above its three-month average of 37.8 million shares. Hims & Hers Health IPO'd in 2019 and has grown 204% since going public.The S&P 500 (SNPINDEX:^GSPC) fell 0.63% to 7,064, while the Nasdaq Composite (NASDAQINDEX:^IXIC) slipped 0.59% to 24,260. Within telehealth and online health services, peers Teladoc Health (NYSE:TDOC) fell 1.64% to close at $6.00, and American Well (NYSE:AMWL) finished down 4.54% at $6.31, underscoring sentiment pressures across virtual care names.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool