Teladoc stock tumbles after another quarter of wider-than-expected loss prompts multiple price target cuts

Teladoc stock tumbles after another quarter of wider-than-expected loss prompts multiple price target cuts

The stock has now plunged 42.6%, since the stock shot up 140% in a year to a record $294.54 on Feb. 8 as the company was a seen as a beneficiary of the COVID-19-related stay-at-home measures.
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CBIZ acquires Berntson Porter

CBIZ is expanding to the Pacific Northwest, with its subsidiary CBIZ Accounting, Tax & Advisory of Washington buying the non-attest assets of
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Jeff Bezos' Blue Origin about to reveal when it's selling tickets to space

Blue Origin, the rocket startup from Amazon founder Jeff Bezos, on Tuesday will reveal details about how and when to purchase tickets to ride its New Shepard rocket into space. The space tourism rocket has completed a series of test flights and landings, …
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Shares of gig economy groups dive on comments by US labour official

Shares of ride-sharing pioneers Uber and Lyft and the food delivery service DoorDash were down by between 5 and 11 per cent after Marty Walsh told Reuters he felt workers should be treated as employees in “a lot of cases”.
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ATI announces $7.9M 1st quarter loss as USW strike continues

Allegheny Technologies Inc. reported a $7.9 million loss in the first quarter of 2021, but the company said it anticipates that demand for its jet engine products will increase as air travel recovers from the covid pandemic. “Our first-quarter financial results …
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1 thought on “Teladoc stock tumbles after another quarter of wider-than-expected loss prompts multiple price target cuts

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