$Hims & Hers Health Inc.(HIMS)$ Shares of telehealth company Hims & Hers Health HIMS jumped 3.4% in the afternoon session after JPMorgan Chase & Co. disclosed in a regulatory filing that it had taken a significant passive stake in the company. The major financial institution reported owning 17.8 million Class A shares, representing an 8.1% stake in the telehealth provider. According to the filing, the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of the company. Such a large investment by a major institution often signals confidence to the market. The news also arrived as investors awaited the company's third-quarter earnings report. Adding to the pos
$UnitedHealth(UNH)$ caught the faking knife and thought it's gong to drop free fall. Didn't expect the recovery to be so fast. Gong to let it ride and see how far this will go. Stay tune.