Meta's reported shake-up, Hims & Hers sinks on GoodRx–Novo deal
Hims & Hers (HIMS) stock sinks following Novo Nordisk's (NVO) new partnership with GoodRx (GDRX), replacing a scrapped Hims deal back in June.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's Market Minute. Stocks little changed ahead of a busy week on Wall Street. Investors are awaiting news from President Trump's meeting with Ukraine's President Zelensky, retail earnings, and the Fed's Jackson Hole Symposium. Meta shares are edging lower by over 2%, underperforming the other Magnificent Seven. The company is planning its fourth restructuring of its AI unit in six months. That's according to a report from The Information. This comes as Meta faces backlash over policies that reportedly allow its AI chatbots to have inappropriate conversations with children. Meanwhile, Hims & Hers shares slumping after Novo Nordisk announced a partnership with GoodRx. Remember, Novo scrapped its deal with Hims in June over what it said were deceptive marketing of compounded versions of Novo Nordisk's weight loss drugs. GoodRx CEO telling Yahoo! Finance today that they have no interest in compounded drugs. And that's your Yahoo! Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the session.
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