Why Hims & Hers Health Stock Soared Today
Shares of Hims & Hers Health (NYSE: HIMS) popped 19% on Tuesday after the personalized health and wellness company issued an upbeat financial forecast.
Hims & Hers Health added more than 170,000 net new subscriptions in the third quarter, marking an all-time high and its third consecutive quarter of over 100,000 customer additions. The company ended September with a total of 991,000 subscriptions, representing year-over-year growth of 80%.
Hims & Hers Health's revenue, in turn, soared 95% to $144.8 million.
Source Fool.com
