Hims & Hers stock slides after CEO’s praise for anti-Israel protesters [Video]

Hims & Hers Health Inc. saw its stock slide during Friday’s trading session after its CEO praised the “moral courage” of anti-Israel campus protesters and encouraged them to apply for jobs at the health and wellness company.

Hims & Hers, which offers telehealth and online pharmacy services for erectile dysfunction, sexual performance, hair loss treatments, mental health and more, saw its stock slide by 8% Friday amid the controversy. Though it has rebounded by 0.89% in after-hours trading since Friday’s close. The drop came as the Dow Jones Industrial Average rose 450 points, or more than a full percentage point.

The company’s stock is up 16.8% year to date but down 4% from a year ago and has seen significant fluctuations in that period, posting single-day gains of about 11% in early November and 31% in late February on favorable earnings news. Its stock is up 14.9% since the company went public in September 2019.

CEO Andrew Dudum wrote last week in …