Hims & Hers Health is experiencing a sharp decline in stock value, dropping over 21% as Amazon enhances its telehealth services for Prime members.
Amazon's updated telehealth offering allows Prime members to see costs prior to care and easily order medications with just a few clicks.
Prime members benefit from significantly lower prices on treatments, saving up to 92% on erectile dysfunction medication compared to other subscription services.
With Amazon entering the telehealth market, Hims & Hers could face increased competition, especially since their pricing struggles to match Amazon's competitive rates.
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