Hims & Hers shares slide as costly weight-loss push squeezes margins

Hims & Hers Health’s shares fell nearly 7 per cent in premarket trading on Tuesday, as concerns over shrinking profit margins overshadowed strong subscriber growth and a raised annual revenue forecast.

The telehealth company posted a net loss of $86.3 million in the second quarter while raising its full-year revenue outlook to $3.1–$3.3 billion

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