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Why Teladoc Stock Gave Up 10% Last Month

TheMotleyFool

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Why Teladoc Stock Gave Up 10% Last Month

Shares of Teladoc Health (NYSE: TDOC) slipped last month as a strong third-quarter earnings report wasn't enough to counteract headwinds around the closing of its merger with Livongo Health and a broader sell-off in tech stocks at the end of the month.

According to data from S&P Global Market Intelligence, the stock finished the month down 10%, and as you can see from the chart, it was mostly a quiet month for the telehealth leader until it slipped in the last week of October.