Hims and Hers Health’s stock price has fallen after the company’s CEO and other executives said they were “avidly” hiring an anti-Israel student protester who had been disciplined by the university. After that, it plunged 8%.
The online sexual health and pharmaceutical company fell to $11.26 on Friday from its opening price of $12.24. It comes just two days after Palestinian-American CEO Andrew Dudum said the company welcomes protesters and encourages them to apply to Hims and Hers.
“Moral Courage > College Graduate”, Dudam tweeted on Thursdayamid anti-Israel protests at universities nationwide. More than 2,100 people arrested.
Hundreds more were suspended or banned from campus for participating in the demonstrations.
“If you’re currently protesting the genocide of Palestinians or the withdrawal of universities from Israel, please continue. It’s working,” Dudum added.
“Regardless of your field of study, there are many companies and CEOs who would like to hire you,” he added next to Him’s job link.
The Post reached out to Hims & Hers for comment on the sudden stock price drop.
As Israel continues its retaliatory attacks in Gaza, university students across the country are demanding that their schools be defunded from countries with ties to Israel.
Dudum founded Hims and Hers in 2017. I have family in Gaza and the West Bank.took a markedly different tone from other CEOs who have ridiculed student protesters or vowed not to hire them.
Palantir CEO Alex Karp this week slammed the protesters for being sent to North Korea as part of an “exchange program” that would give them prospects.
“We’re going to do an exchange program sponsored by Karp. A few months in North Korea, flavorful bark. See what you think about it,” the software director said Wednesday at the invitation-only Hill & Co. in Washington, D.C.・He was a speaker at the Valley Forum and said the following.
Bill Ackman, head of Pershing Square Capital Management, has publicly said he will not hire a Harvard student who signed a letter that allegedly blamed Israel for the violent Oct. 7 Hamas attack. He was one of the first to declare it.
