An upside-down Unicorn
It’s not often that we get to be right twice about anything so on these rare occasions, these Unicorn events Momma Kliff said it’s ok to brag. Yesterday Teladoc closed below $140 and continues to fall today. Since March 24, 2020, the stock has fallen over 17% over that same time span the S&P 500 has DOUBLED. Since February 15 of this year the stock has fallen almost 50% and given the way things are going it hasn’t hit bottom.
Like it or not Teladoc has become the poster child for digital/virtual health and . . .
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