India, Feb. 27 -- Shares of Hims & Hers Health, Inc. (HIMS) surged over 33% on Tuesday morning after the company reported a surprise profit for its fourth quarter and issued a strong revenue outlook.
HIMS is currently trading at $13.68, up $3.43 or 33.41%, on a huge volume of 27 million shares, above average volume of 2.8 million, on the Nasdaq. The stock opened its trading at $12.33 after closing Monday at $10.25. The stock has traded between $5.65 and $13.91 in the past 52-week period.
The company reported a profit of $1.3 million or $0.01 per share. Analysts polled by Thomson Reuters expected the company to post a loss of $0.02 per share.
Looking forward to the first quarter and full year 2024, the company expects revenue of $267 mill...