06:17 AM EST, 11/15/2024 (MT Newswires) -- Hims & Hers Health ( HIMS ) shares were up more than 8% in recent premarket trading Friday, paring some losses following a 24% slump on Thursday, when Amazon ( AMZN ) announced new telehealth offerings that would directly compete with the startup.

Amazon ( AMZN ) said Thursday it would offer treatments for over 30 common conditions through its One Medical telehealth service, where Amazon Prime members would be eligible for free shipping.

Hims & Hers is one of the first companies to directly ship hair and skin treatments to telehealth patients. Amazon's ( AMZN ) new offerings include anti-aging skin care that starts at $10 per month, as well as hair growth for men from $16 per month.

Price: 22.47, Change: +1.71, Percent Change: +8.24