Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Teladoc Stock Is Falling Today

TheMotleyFool

0 0

Shares of Teladoc Health (NYSE: TDOC) were tumbling today after an analyst cut his price target for the company's stock yesterday. Additionally, some investors may be selling as part of a broader tech stock sell-off that's been occurring in the market since the beginning of the year.

Shares of the virtual healthcare services company were down 4.5% as of 2:18 p.m. ET.

Piper Sandler analyst Sean Wieland lowered his price target for Teladoc's stock from $183 to $118 yesterday. The analyst maintained his overweight rating for the stock but said that some of Teladoc's product integrations "are much less mature than we appreciated."

Source Fool.com

Like: 0

TDOC

Share