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Here's Why Teladoc Health Is Rising on Tuesday


Telemedicine leader Teladoc's (NYSE: TDOC) stock price was on the rise Tuesday, which was welcome news to shareholders after its recent slump. As of 12:30 p.m. ET, Teladoc was up by 6%.

There are two likely explanations for the upward move. First, the market has largely been selling off high-growth tech stocks in recent weeks, and Teladoc was not an exception to that trend. This group, though, is broadly rallying on Tuesday.

Image source: Getty Images.

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Source Fool.com

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