Hims & Hers stock plunges 30% as Novo Nordisk terminates Wegovy direct sales deal

Hims & Hers stock plunged around 30% on Monday after drugmaker Novo Nordisk abruptly ended a month-long collaboration to make its weight loss drug Wegovy available on the telehealth company's platform.

Jun 23, 2025 - 19:05
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Hims & Hers stock plunges 30% as Novo Nordisk terminates Wegovy direct sales deal
Hims & Hers stock plunged around 30% on Monday after drugmaker Novo Nordisk abruptly ended a month-long collaboration to make its weight loss drug Wegovy available on the telehealth company's platform.