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Is Teladoc a Bad-News Buy?

TheMotleyFool

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Is Teladoc a Bad-News Buy?: https://g.foolcdn.com/editorial/images/692726/gettyimages-1273241342.jpg

Teladoc Health's (NYSE: TDOC) woes aren't over. Shares of the telemedicine giant have dropped 23% from its announcement of a massive goodwill impairment charge back in April.

Now, shares are falling again after the company announced a second goodwill impairment charge. The company registered this charge in the second quarter. The shares slid almost 18% in one trading session on July 28, following the July 27 earnings report.

At the same time, growth in revenue and medical visits have both slowed at Teladoc. The company is facing other challenges, as well.

Source Fool.com

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