Telehealth Stock Popular With Bulls Despite Underperformance
Hims & Hers Health Inc (NYSE:HIMS) shares are up 3.4% to trade at $30.60 at last glance. The equity has struggled of late, now carrying a 47.3% nine-month deficit after last week gapping to its lowest level since late April. Meanwhile, overhead pressure at the 20-day moving average has been guiding the stock lower since December, and capped a rally earlier this month.The telehealth company, which is popular for weight-loss drug prescriptions, has also appeared on Senior Quantitative Analyst Rocky White's li ...