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Why Teladoc Stock Jumped 69% Last Year

TheMotleyFool

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Shares of Teladoc Health (NYSE: TDOC) were surging last year after the telemedicine provider posted steady growth and continued to expand its network. According to data from S&P Global Market Intelligence, the stock rose 69% last year.

As you can see from the chart below, the gains were weighted toward the second half of the year as the health stock benefited from a strong earnings report in October, a partnership with UnitedHealth, and expansion into Canada.