Not sure how many noticed but Teladoc closed at $93.44 yesterday blowing through the $100 barrier with ease. Keep in mind this stock once traded above $300 and everyone thought it was headed higher that is everyone but us. We mention this not to gloat, well maybe just a little, rather to show that without Covid digital/virtual would never be what is today. That until these companies can show value beyond being a backstop for when Covid hits they will never reach their true potential.
From the start we knew Livongo and then Teladoc would hit rough waters . . .
This content is restricted to subscribers. Please subscribe.
Already have an account? Please login.