Hims & Hers Stock Surges as FDA Reopens Peptide Rules, Shifting Focus Beyond GLP-1 Drama
Shares of Hims & Hers Health surged Wednesday, climbing roughly 14% to $24.29 as of 4:48 p.m. ET and reaching as high as $25.45 earlier in the session. The move followed news that the U.S. Food and Drug Administration plans to reconsider restrictions on several peptides—a development that could open a new growth channel for the telehealth firm.