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Stock impact report

This New Google-Backed Healthcare IPO Could Be Hotter Than Snowflake [The Motley Fool]

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: The Motley Fool
TheSnowflake(NYSE:SNOWHowever, Snowflake may not be the best play right now for investors looking to buy an IPO. There's a big healthcare stock that debuted on Thursday that investors should take a closer look at: American Well, also known as Amwell.Why the stock looks like a good buyAmwell is a Boston-based telemedicine stock that's also one ofTeladocNYSE:TDOCImage source: Getty Images.In its prospectus, Amwell reported a near-00% increase in virtual visits for the second quarter of this year compared to the first quarter, to . million from 70,000. In April, its monthly visits hit a peak of 9,000, more than double March's tally of 6,000. June's numbers tapered off to 0,000, but that's still about seven times the 78,000 visits Amwell reported in the same period last year.This surge in traffic has generated significant sales growth for Amwell. In its Q results, through the end of June, sales of $68.6 million were nearly double the $. million the company reported in the same quarter las Show less Read more
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