10 Firms Post Double-Digit Gains on Thursday

3. Hims & Hers Health Inc. (NYSE:HIMS)

Hims & Hers grew its valuation by 27.71 percent on Thursday to finish at $59.18 each following a 650-percent spike in its website traffic, thanks to its Super Bowl advertisement called “Sick of the System.”

According to FOX Sports, the ad which was aired in the third quarter of Sunday’s Super Bowl LIX game, was so far the most-watched advertisement with 127.7 million views.

The ad featured a montage of junk food, abdominal fat, as well as statistics about the health risks of obesity and big pharmaceutical firms’ hefty prices. HIMS’ ad then promoted its weight loss products, including compounded GLP-1 medications, as alternatives to the pricey Ozempic and Wegovy brands.

“Junk food giants, diet industry’s quick fixes, Big Pharma’s price-gouging, and regulations that favor special interests have created a system that leaves us with limited options, skyrocketing costs, and a cycle of failure,” HIMS said in its ad.