Hims and Hers shares fall 10% as FTC sues company over data, billing practices
Reported by CNBC · cnbc.com · July 29, 2026
The FTC sued Hims and Hers over alleged health data sharing with Meta and Snap, billing practices and subscription cancellations.
What the tape says
What to watch: Meta Platforms Inc. (META, HIMS, SNAP) faces a legal or regulatory issue — headline risk here is often larger than the eventual financial impact.
Market reaction today: $META +1.66%
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