82W.DU is trading 5% down at $28.60 following notable insider selling and concerns over rising telehealth competition.

  • Recent disclosures revealed that Hims & Hers’ CFO and CMO sold over $1.4 million in stock between June 18 and June 22.
  • Sentiment is further pressured by reports of intensifying competition in the telehealth sector, prompting investors to take profits following the stock's recent rally.