Teladoc Health Inc
Stocks making the biggest moves premarket: KB Home, Signet Jewelers, Teladoc, Applied Digital & more
Check out the companies making headlines in premarket trading. Technology stocks — The group that was under pressure in Monday’s session bounced before the bell, trying to regain some of the lost ground. Nvidia and Palantir climbed more than 1% in Tuesday premarket trading, while AppLovin gained 0.7%. The three names were among the best […]
Read More
Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first time this month, health tech providers largely suffered. Of 39 […]
Read More
Stocks making the biggest moves midday: Shake Shack, C.H. Robinson, Mobileye Global and more
Check out the companies making headlines in midday trading: Shake Shack — The stock gained more than 15% after the burger chain’s revenue topped estimates. Shake Shack earned 27 cents per share, excluding items, on revenue of $316 million, above the LSEG estimate of $314 million. Shake Shack also narrowed its full-year revenue estimate to […]
Read More
Stocks making the biggest moves premarket: Hershey, Meta Platforms, Arm Holdings, Shake Shack and more
Check out the companies making headlines in premarket trading. Hershey — Shares were down 7% in the premarket after the chocolate maker posted second-quarter results that missed analyst expectations. The company earned $1.27 per share on revenue of $2.07 billion. Analysts polled by LSEG expected a profit of $1.43 per share on revenue of $2.31 […]
Read More
Stocks making the biggest moves after hours: Meta Platforms, Qualcomm, Arm Holdings and more
Check out the companies making headlines after the bell : Meta Platforms — Shares of the social media giant rallied more than 4%. Meta Platforms topped revenue and earnings expectations for the recent quarter, posting earnings of $5.16 per share on $39.07 billion in revenue. The company also offered a strong forecast for the current […]
Read More
How digital health companies are capitalizing on the GLP-1 boom
Patent protection for Wegovy — Novo Nordisk’s blockbuster weight loss drug, which contains the second generation GLP-1 active ingredient and is at least twice as effective — is expected to expire by the decade’s end. Michael Siluk | UCG | Getty Images For Gray Beard, a kindergarten teacher in Charlotte, North Carolina, losing weight had […]
Read More
Teladoc CEO departs the organization right after stock's 95% tumble from 2021 highs
Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Teladoc Wellness on Friday introduced the unexpected departure of CEO Jason Gorevic, who is leaving his role as head of the enterprise powerful immediately, in accordance to a release. The firm’s board of administrators has quickly appointed CFO Mala Murthy as Gorevic’s substitution and hired an government […]
Read More
Venture capital firm's plan to buy nonprofit hospital system has Ohio community on edge
Dr. Marc Harrison, who’s now CEO of HATCo, speaking at the Healthy Returns conference in New York City on May 21, 2019. Astrid Stawiarz | CNBC Dr. Marc Harrison is a different kind of venture capitalist. He’s not looking for the next Mark Zuckerberg or Elon Musk. He’s not hanging out at startup demo days. […]
Read More
Shares creating the greatest moves midday: Nvidia, SolarEdge, Teladoc, Wingstop and more
Examine out the corporations creating headlines in midday buying and selling. Nvidia — Nvidia fell 2.9% throughout midday buying and selling and built on Tuesday’s a lot more than 4% reduction forward of its quarterly print just after the bell. Traders will be carefully watching the chipmaker’s success for insights into how long its substantial […]
Read More
Jim Cramer says buy this data center equipment firm despite its weak guidance
Vertiv Holdings : The data center equipment maker, whose shares have roughly quadrupled over the past year, issued guidance that didn’t live up to Wall Street’s lofty expectations. However, the stock is now trading well off its lows of the morning. “Data center still strong. Buy,” Jim Cramer said. Teladoc Health : Shares tumbled 24% […]
Read More