The stock price of Hims & Hers Health, Inc. plummeted 8% after the company’s CEO said he and other executives were “eager” to hire anti-Israel student protesters who’ve faced disciplinary actions from their universities.
The online sexual health and pharmaceutical company dropped from its opening price of $12.24 to $11.26 on Friday — just two days after Palestinian-American CEO Andrew Dudum said companies would be happy to have the protesters and encouraged them to apply to Hims and Hers.
“Moral courage > College degree,” Dudum tweeted on Thursday, amid the nationwide anti-Israel protests at universities that have seen more than 2,100 people arrested.
It takes courage to make a statement like this, coming from a CEO of a Publically traded company.
Or a complete lapse of judgement to post this by alienating a large segment of the population. The company is not large enough or has enough brand cachet for the CEO to being making a statement like this. The stock went limp after it appears was making great progress the past 6-months.
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