Teladoc’s stock dives after it forecasts slower growth in virtual healthcare
Shares of Teladoc Health Inc. sank after hours Tuesday after the telehealth provider, known for its BetterHelp therapy platform, offered a largely downbeat forecast for the months ahead and warned that the market for virtual-healthcare services is getting saturated.In its earnings report Tuesday, the company TDOC, -2.57%said it expects first-quarter sales of $630 million to $645 million, below FactSet analyst forecasts of $673 million. It said it projects to lose 45 cents a share to 55 cents a s
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