Hims & Hers Stock Surges on Potential Healthcare Policy Extension

Shares of telehealth provider Hims & Hers experienced a significant rally Monday, climbing nearly 9% following reports that the White House is considering a two-year extension of Affordable Care Act subsidies. This political development could substantially benefit the company’s business model, which relies on affordable healthcare coverage for millions of Americans.

Investors responded enthusiastically to the news that subsidies under the Affordable Care Act, scheduled to expire in 2025, might be extended. The stock opened at $35.11 and reached an intraday peak of $38.14, with trading volume exploding to over 20 million shares. Market participants clearly interpreted the potential policy extension as reducing the risk of demand contraction for telehealth services in 2026.

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