Hims & Hers Health: Partnership With Novo Nordisk Causes Sensation

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Hims & Hers surprises with strategic alliance instead of litigation: Novo Nordisk opts against a lawsuit and will collaborate closely with the telemedicine provider to make Wegovy more widely available. Short sellers come under pressure: Following the unexpected partnership, Hims & Hers' stock skyrockets by 30% – the high short interest of over 30 percent further amplifies the upward movement. Hims & Hers Health (NYSE: HIMS) is currently making headlines. Today, the company announced a strategic partnership with Novo Nordisk...
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