Teladoc Stock Rises 59.4% in Three Months: Is This Your Buy Signal?
Teladoc(TDOC) ZACKS·2024-11-29 22:06
Teladoc Health, Inc. (TDOC) shares have returned 59.4% in the past three months, outperforming the industry and the S&P 500 Index. Over this timeframe, the industry and the S&P 500 Index have declined 11.7% and increased 6.3%, respectively. In comparison, other virtual care companies like American Well Corporation (AMWL) and Hims & Hers Health, Inc. (HIMS) have risen 9.8% and 106%, respectively.TDOC stock is now trading above its 50-day and 200-day moving averages, signaling strong upward momentum.TDOC’s Th ...