Hims Jumps as RFK Jr. Seeks to Loosen Peptide Regulations

Hims & Hers Health Inc. surged as much as 12% after Health Secretary Robert F. Kennedy Jr. said US drug regulators will loosen restrictions around a dozen popular peptide injections.

“Today, we took long-overdue action to restore science, accountability, and the rule of law,” Kennedy said Wednesday in an X post. “This action begins to restore regulated access and will immediately begin shifting demand away from the black market.”