Hims & Hers Health ( (HIMS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Hims & Hers Health, Inc. has experienced a surge in investor interest, driven by a significant increase in call option trading ahead of its upcoming earnings report. This activity has led to a rise in options pricing volatility, suggesting expectations of substantial stock price movement. In response to this bullish sentiment, Truist has raised its price target for the company, despite challenges such as declining core sales growth and litigation risks.
More about Hims & Hers Health
YTD Price Performance: 98.45%
Average Trading Volume: 46,902,642
Technical Sentiment Signal: Buy
Current Market Cap: $11.19B
For further insights into HIMS stock on TipRanks’ Stock Analysis page.
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