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0 -0.00309384668270883 -0.00720866277071152 -0.00515641113784801 -0.0058439326228944 -0.0085940185630801 -0.0113441045032657 0.00584737023031975
Stock impact report

Teladoc's Stock Is Showing Signs Of Life [Seeking Alpha]

Teladoc Health, Inc. (TDOC) 
Last teladoc health, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.teladoc.com/investors/default.aspx
Company Research Source: Seeking Alpha
ipopbaIntroductionAfter hitting its peak in early 2021 (along with many other high-growth tech names), Teladoc's (NYSE:TDOClevels, and a reversal in these drivers has led to a sharp crash in this sector. However, Teladoc's stock is off to a flying start in the new year:Data byYChartsWhile many high-beta tech stocks rallied in early 2023, Teladoc's strong performance (or at least a part of it) can be attributed to recent business updates from the company. In one of itsrecent 8-Ks (8th January 2023)Teladoc 8-KOriginal guidance fromQ3 2022:Teladoc Q3 2022 Earnings PresentationIn the same report, Teladoc revealed that BetterHelp (mental health platform) had generated revenue of ~$1B in 2022. With chronic and primary care numbers still looking uninspiring, I think BetterHelp is doing exceptionally well, and this product could serve as the major driver of growth for Teladoc over the next couple of years.Now, as you may already know, telehealth represents a massive market opportunity; and Te Show less Read more
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