A COVID Creation

Since Teladoc announced their merger with Livongo, valuing Livongo at an astonishing $18.5 BILLION we have stated this merger was created by COVID. As we head into trading today on year to date basis shares of Teladoc are up over 130% while shares of Livongo are up over 404%. Just by way of comparison shares of United Airlines are down over 54% while their rival American has seen shares sink over 52%. As Momma Kliff used to say one man’s misery is another man’s opportunity.

Be that as it may one has to wonder what will happen . . .

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