Teladoc Health (NYSE: TDOC) was a pandemic-era darling. The virtual healthcare specialist provides patients with a seamless way to consult with doctors online without ever having to leave the house, a business model built for the lockdown era of Covid-19.
Almost three years later, though, the wind has been sucked out of those sails. Although not having to sit around an overbooked waiting room to see your doctor sounds like an ideal situation, the reopened economy proved otherwise, as membership growth slowed dramatically.
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Source Fool.com