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Why Ontrak Stock Plunged Today


Shares of Ontrak (NASDAQ: OTRK) were sinking today after the telehealth company said in its fourth-quarter earnings pre-release that it was going to lose its biggest customer later this year.

That news caused 2021 guidance to be much worse than expected; the stock was trading down 48.7% as of 1:02 p.m. EST.

Image source: Getty Images.

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Source Fool.com

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