Teladoc Stock Sinks on Wider Loss and Weak Guidance



Teladoc Health


was falling more than 23% in premarket trading Thursday after the remote healthcare provider posted a wider-than-expected quarterly loss after recording a $3 billion impairment charge.

Teladoc (ticker: TDOC) reported a second-quarter loss of $3.1 billion, or $19.22 a share, which included the charge that came to $18.78 on a per-share basis. A year earlier, Teladoc reported a loss of 86 cents a share.

Source: https://www.barrons.com/articles/teladoc-stock-earnings-guidance-51658998774?siteid=yhoof2&yptr=yahoo