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CNBC Business · Jul 29, 2026 6:24 PM EDT Technology

Hims and Hers shares fall 10% as FTC sues company over data, billing practices

The FTC sued Hims & Hers over alleged health data sharing with Meta and Snap, billing practices and subscription cancellations.

Hims and Hers shares fall 10% as FTC sues company over data, billing practices
Image CNBC Business

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  • METAMeta Platforms Down
  • SNAPSnap Down

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How this story developed

2 reports over 3h 40m
  1. CNBC Business You're reading this Hims and Hers shares fall 10% as FTC sues company over data, billing practices Strong bearish −76
  2. New York Post Business Hims & Hers sent users' health data to social media giants despite promising privacy, bombshell FTC lawsuit claims Strong bearish −53

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