Why Teladoc Health's Latest Earnings Call Was So Disappointing
Quick: Somebody call a virtual doctor! The stock market just pushed America's leading telehealth business down a flight of stairs.
Shares of Teladoc Health (NYSE: TDOC) fell hard after U.S. stock markets closed on Wednesday in response to a dismal first-quarter earnings call. The company was able to report total revenue that soared 25% year over year, but the market is responding to signs of trouble that aren't apparent until you look past the headline numbers.
Here's why investment bank analysts quickly lined up to downgrade the already embattled telehealth stock.
Source Fool.com
