Hims & Hers CEO Retracts Support for Anti-Israel Protests Amid Stock Plunge

Andrew Dudum, CEO of Hims & Hers, faced backlash and a significant stock drop following his endorsement of pro-Palestinian campus protests.

Dudum's initial support for anti-Israel protesters led to an 8% stock decline for Hims & Hers, prompting a public retraction.
The CEO's controversial statements included encouragement for students protesting against perceived injustices in Palestine.
Criticism from investors and the public escalated, highlighting concerns over antisemitism and campus safety.
Dudum later emphasized his commitment to peaceful protest and clarified his stance against violence and bigotry.
The incident reflects broader tensions and the impact of corporate leaders' political stances on their companies' fortunes.