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Why Did Teladoc Health Climb 18% in October?

TheMotleyFool

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Why Did Teladoc Health Climb 18% in October?

Teladoc Health (NYSE: TDOC) shares climbed 18% in October, according to data from S&P Global Market Intelligence.

Teladoc reported better-than-expected third-quarter earnings last month. The company's sales were about 1% higher than analyst forecasts, and net losses were much lower than anticipated. The company's full-year guidance was mostly unchanged, but it did raise the lower end of the forecast range.