Why Teladoc Health Beat the Market Today

Teladoc Health (NYSE: TDOC) was a sprightly stock on Wednesday. The current top dog in the telehealth segment inched 1.6% higher -- certainly not among the company's biggest pops, but good enough to outpace the S&P 500 index on the day. Two developments seemed to be responsible for the rise.

The first, and likely the most impactful, was Teladoc's announcement that it was launching a new service. On Wednesday morning, the company said that its Primary360 is now available to entities in the healthcare ecosystem, including commercial health insurance plans and the companies that utilize them.

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Source Fool.com