If You Invested $1,000 in Teladoc's IPO, This Is How Much Money You'd Have Now
Our experts issued a rare "Double Down" Buy alert on this one stock... Learn more.
Teladoc Health (NYSE: TDOC) is one of this year's stock market winners. The stock has climbed 113% since January as investors continue to reward the company for increasing revenue in a fast-growing telehealth marketplace. While activity at many other companies stalled due to the coronavirus health crisis, Teladoc experienced just the opposite. The platform for online medical visits saw business soar. Third-quarter revenue jumped 109% and total medical visits rose 206% year over year.
Though Teladoc is down from its all-time high of more than $249 reached in July, the shares have still offered the long-term investor big rewards. How much would you have today if you'd been one of the first to bet on Teladoc? Let's find out.
Source Fool.com
