Why Teladoc Health Stock Soared This Week

Shares of Teladoc Health (NYSE: TDOC) jumped this week after the telehealth company reported better-than-expected earnings before interest, taxes, depreciation, and amortization (EBITDA) for the second quarter.

While the company is still struggling on a number of levels, its Q2 results were enough to lift the beaten-down stock.

As of 1:16 p.m. ET Thursday, the stock was up 24.5% for the week.

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Source Fool.com