Investors reacted to the Federal Reserve's decision to leave rates unchanged, by handing the S&P 500 its biggest percentage gain for a Fed day since last July. The Nasdaq Composite had its best Fed ...
Shares of Hims & Hers HIMS — which sells drugs like Cialis and anti-anxiety medications — tumbled 18% after hours. Bill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.
The server and software company said it will begin a cost-cutting program that will reduce its overall headcount by about 5%, or about 2,500 job cuts, over the next 12 to 18 months.