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Why Teladoc Health Surged 24% in March

TheMotleyFool

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Shares of Teladoc Health (NYSE: TDOC) miraculously surged 24% in March, according to S&P Global Market Intelligence. The telemedicine company benefited from investors who believe its services will become hugely popular both during and after the COVID-19 outbreak. Not only did Teladoc have a great March, but its stock is also up 90% since the calendar flipped to 2020.

Image source: Getty Images.

Teladoc was already coming off a strong February earnings report in which the company beat revenue and earnings estimates, while giving solid guidance for 2020.

Source Fool.com

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