The Latest Breaking News from Teladoc Health

 

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

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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.