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Teladoc

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business1 year ago

Teladoc CEO Steps Down Amid Steep Stock Declines

Teladoc Health CEO Jason Gorevic has departed the company, with CFO Mala Murthy temporarily taking over. The company's stock has fallen about 95% from its 2021 high, prompting an executive search for a permanent successor. Teladoc's board reaffirmed that the company is on track to meet its guidance for the first quarter and full year but did not provide additional details about the reason behind Gorevic's departure.

finance1 year ago

"Market Movers: NVDA, SEDG, TDOC, RIVN, and More"

Nvidia, SolarEdge, Teladoc, and Wingstop are among the stocks making significant moves midday, with Nvidia's shares rising after the company announced a stock split and a new buyback program, SolarEdge's stock dropping following a weaker-than-expected revenue forecast, Teladoc's shares falling after the company reported a wider loss than expected, and Wingstop's stock declining despite reporting better-than-expected earnings and revenue.

business2 years ago

After-Hours Surge: MSFT, GOOGL, SNAP, TDOC Stocks Take Center Stage

Alphabet's shares surged 7% after reporting better-than-expected Q2 results, driven by strong growth in cloud sales, while also announcing CFO Ruth Porat as the new president and chief investment officer. Snap's stock tumbled 17% due to weak guidance for the current quarter, despite beating estimates for adjusted loss and revenue. Microsoft's shares slid 1% as it reported slowing revenue growth in its cloud business, although it exceeded earnings expectations. Wells Fargo's stock rose 3% after announcing a $30 billion share buyback program. Texas Instruments fell 3.7% after providing a lower earnings per share outlook for the current quarter. Teladoc's stock rallied 6% following a better-than-expected earnings report, surpassing estimates for both loss per share and revenue.