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    Here's why HIMS dropped 20% - 2/22

    Ian Cooper
    Saturday, February 22, 20253 min read
    Here's why HIMS dropped 20% - 2/22

    Company: During the shortage,

    Bloomberg just reported that more than HALF of all trading in U.S. stocks is made outside the country’s exchanges, like dark pools.

    “For the first time on record, the majority of all trading in US stocks is now consistently occurring outside the country’s exchanges, according to data compiled by Bloomberg.”

    In fact, the off-exchange activity is on course to account for a record 51.8% of traded volume in January.

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    Obesity drug sales jumped by 154% at constant exchange rates to 41.6bn Danish kroner (£4.8bn) last year, fueled by demand for Wegovy, which brought in £3.6bn. Sales of diabetes drugs such as Ozempic grew by 52%, and obesity and diabetes drug sales totalled nearly £25bn,” according to The Guardian.

    Again, while it may be a good idea to avoid the HIMS stock for now, keep an eye on it.