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Why Teladoc Stock Jumped on Wednesday

TheMotleyFool

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Shares of telehealth specialist Teladoc (NYSE: TDOC) soared on Wednesday, rising 9.2%. This gain came even as the market fell. Capturing bearishness in the overall market on Wednesday, the S&P 500 declined by 2.2%.

The growth stock's gain was fueled by the release of strong first quarter preliminary results after market close on Tuesday.

Image source: Getty Images.

Source Fool.com

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