Why Teladoc Health Stock Is Rising Today
Shares of Teladoc Health (NYSE: TDOC) were rising 5.6% higher as of 11:24 a.m. EDT on Friday. The virtual-care company didn't report any news. Instead, Teladoc's gain appears to be a result of improving investor sentiment for growth stocks, in general.
Today's bounce might seem insignificant in view of the fact that Teladoc's shares are still more than 50% off the high set earlier this year. However, the upward move for the healthcare stock could prompt investors to reexamine Teladoc's growth prospects, which continue to look good.
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Source Fool.com
