Hims CEO walks back his support of college campus protesters after widespread boycott that tanked shares by 10%.
The CEO of Hims has walked back his support of anti-Israel campus protesters after the male hair loss company’s stock dropped by 10 percent amid a boycott sparked by his comments.
Andrew Dudum, who identifies as Palestinian-American, last week sparked uproar by offering jobs to the campus protesters at Columbia and other schools.
Share holders sold off their positions and customers canceled their subscriptions in a boycott that tanked the company’s value.
On Sunday night, Dudum took to X to ‘clarify’ his comments, toning down his full-throated support after a wave of backlash.
‘I, in no way condone nor support acts or threats of violence, antisemitism, or intimidation and there is absolutely no justification for violence on our campuses… I am deeply saddened that my support for peaceful protest has been interpreted by some as encouraging violence, intimidation, or bigotry of any kind.
‘I do believe deeply in the right for people to use their voices in peaceful protest to drive change. This right is critical to our democracy and must be protected…. Generations of Americans have engaged in non-violent protest…
‘As a father whose children are both the descendants of Palestinian refugees who fled the Nakba in 1948, and the descendants of Holocaust survivors from Poland, as I have previously shared, I have a personal appreciation for the different perspectives people have which I live with daily at my dinner table. I hope and pray for peace and for an end to violence everywhere.’
Dudum’s clarification comes after critics unleashed a boycott of the company, which has seen its stock fall by more than 10 percent over the last five days.
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