Teladoc Health Stock Drops After Reporting Wider Than Expected Q2 Net Loss; Analysts Lower Price Target
July 28, 2021 at 10:04 AM EDT
Teladoc Health Inc posted a wider than expected net loss in Q2 of $133.8 million, or $(0.86) a share, compared with $25.7 million or $(0.34) posted a year ago primarily due to expenses related to the large-scale acquisition of Livongo Health.