The Latest Breaking News from Teladoc Health

 

Just when you thought $1 billion losses in the S&P 500 were bygones of Covid-19 lockdown days, they're back.

Upgrades

 

Gainers

On July 10, Bank of America Corp (NYSE: BAC) analyst Allen Lutz published an analyst note on Teladoc Health, Inc (NYSE: TDOC).

Over the past 3 months, 13 analysts have published their opinion on Teladoc Health (NYSE:TDOC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Telehealth stocks have declined from the Covid-induced highs and are expected to plunge further due to the nation’s return to normalcy. Moreover, the current macroeconomic headwinds are expected to put added pressure on telehealth companies Teladoc Health (TDOC), American Well (AMWL), Hims & Hers Health (HIMS), iRhythm Technologies (IRTC), and…

Teladoc Health's (NYSE:TDOC) short percent of float has risen 9.03% since its last report. The company recently reported that it has 27.80 million shares sold short, which is 18.12% of all regular shares that are available for trading.

A whale with a lot of money to spend has taken a noticeably bullish stance on Teladoc Health. Looking at options history for Teladoc Health (NYSE:TDOC) we detected 22 strange trades.

Someone with a lot of money to spend has taken a bearish stance on Teladoc Health (NYSE:TDOC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.