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-0.00255754475703319 -0.00254049445865301 -0.00170502983802213 0 0.00767263427109973 0.00767263427109973 0.00767263427109973 0.00767263427109973
Stock impact report

Why Teladoc (TDOC) Shares Are Plunging Today [Yahoo! Finance]

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: Yahoo! Finance
target on the stock as concerns grew over expiring Medicare telehealth reimbursements. The bank reduced its price target to $7.00 from $7.50, keeping a Neutral rating. The firm pointed to a nearly 19% year-over-year drop in monthly active users for Teladoc's BetterHelp service in the fourth quarter. Analysts also noted ongoing pressure on the service due to weak consumer sentiment. Adding to the negative mood, telehealth reimbursement provisions for Medicare patients were set to expire at the end of January. This change was expected to limit payments for at-home services, which would likely reduce demand for the company's offerings. Teladoc had already been experiencing slow revenue growth and struggles with its BetterHelp service before this news. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Teladoc? Access our full analysis report here, it's free Teladoc's shares are extremely volat Show less Read more
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