Teladoc Tumbled 38% After Big First-Quarter Loss. Is It Just a Pandemic Play? - Barron's


4/27/2022 12:00:00 AM3 years 10 months ago
by Evie Liu

The telemedicine company took a noncash goodwill impairment charge of $6.6 billion in the first quarter, dragging down its results.

Teladoc Health shares tumbled 38% in Wednesdays after-hours trading, after the remote healthcare provider reported deeper-than-expected losses for the first quarter and cut its financial projections … [+333 chars]

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