What's Going On With Teladoc Stock Today
Portfolio Pulse from Ryan Gustafson
Teladoc Health, Inc. (TDOC) shares are trading higher after the company announced it will release its Q2 2023 results on July 25. The company is expected to report a loss of 41 cents per share with revenue of $649.39 million. TDOC stock experienced above-average trading volume and increased short interest. Vanguard also filed a FormSC13G, indicating a passive stake in the company.
July 10, 2023 | 7:39 pm
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POSITIVE IMPACT
TDOC shares are trading higher due to the upcoming Q2 2023 results announcement and increased trading volume. Vanguard's passive stake could also be a positive signal.
The anticipation of the Q2 2023 results, increased trading volume, and Vanguard's passive stake in the company are all positive signals that could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100