These 18 Words From Teladoc's CEO May Eliminate 1 Big Risk
Teladoc Health's (NYSE: TDOC) stock price soared during the early days of the pandemic as people opted for online medical visits. As a result, Teladoc's visits and revenue climbed.
The future also seems bright. Analysts predict major growth for telehealth companies. The global telehealth market, at a compound annual growth rate of 32%, is expected to reach $636 billion in 2028, according to Fortune Business Insights.
But in recent times, investors haven't been so optimistic about Teladoc. The shares fell 54% last year and have lost 34% so far this year, despite the company's continued growth. Why the negative feelings? Let's take a look at a big risk Teladoc faces -- and one comment from the company's CEO that may eliminate it.
Source Fool.com
