Hims & Hers falls 8% after Novo's legal threat. Here's the latest

The stock of Hims & Hers dropped in premarket trading early Friday after a legal threat from Novo Nordisk.The online teleheath company announced on Thursday plans to launch a cheaper, copycat version of Novo's weight loss pill, prompting Novo to take legal action.Hims stock spiked as much as 15% on the news in Thursday trading, but quickly pared gains and ended the session down 3.8% at a 12-month low after Novo said the action was "illegal." Shares fell another 6.7% in premarket trading Friday.Hims said it ...