MARKETS

Hims & Hers’ stock jumps on forecasts

Shares of Hims & Hers Health Inc.
HIMS,
+7.67%
jumped 17% after hours on Monday after the online wellness platform said 2024 would be its first year of positive net income and forecast first-quarter and full-year sales that were above expectations. The company said it expected first-quarter sales of $267 million to $272 million, above FactSet forecasts for $253.3 million. It said it expected full-year revenue of $1.17 billion to $1.2 billion, above FactSet estimates for $1.11 billion.

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