Why LifeStance Health Group Stock Is Crashing Today
Shares of LifeStance Health Group (NASDAQ: LFST), a provider of mental health services, were tanking today in response to a disappointing second-quarter earnings report. The stock was down 47.3% as of 11:57 a.m. EDT on Thursday.
Mental health services have been one of Teladoc Health's (NYSE: TDOC) strongest growth drivers over the past several quarters. As a focused provider of in-person and online mental health services, investors were expecting a strong performance from LifeStance Health after it raised over $800 million in an IPO this June.
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Source Fool.com
