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Benzinga
Benzinga
Business
Adam Eckert

Hims & Hers Health Stock Is Tumbling Monday: What's Happening?

HIMS Hims Hers Health Novo Nordisk Hims & Hers’ FDA
Hims & Hers

Hims & Hers Health Inc (NYSE:HIMS) shares are trading lower Monday after Novo Nordisk A/S (NYSE:NVO) terminated its collaboration with the company.

What Happened: Novo Nordisk announced Monday that it will no longer be working with Hims & Hers Health. As a result, the company will no longer have direct access to Wegovy through the NovoCare Pharmacy.

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