Why Is Teladoc Health Stock Jumping Today?
Shares of Teladoc Health (NYSE: TDOC) were jumping 9.2% higher as of 11:04 a.m. EST on Monday. The telehealth services leader didn't make any announcements. There weren't any obvious catalysts behind the nice gain. So why is Teladoc taking off?
Perhaps the best guess is that we're simply seeing institutional investors pour money into Teladoc. When that happens, it creates upward buying pressure for a stock.
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Source Fool.com
