Today's CEO switcheroo could hand investors a buying opportunity.Shares of virtual healthcare provider Teladoc Health (TDOC 1.05%) tumbled nearly 5% in early trading Friday before turning around and climbing back into the green. The company announced this morning that CEO Jason Gorevic is departing the company "effective immediately," to be replaced by current CFO Mala Murthy as acting CEO.As of 11:10 a.m. ET, Teladoc shares are up about 0.2%.Teladoc's CEO has left the buildingTeladoc gave no clear explanat ...

Teladoc Health (NYSE:TDOC) stock is a hot topic on Friday as investors react to news of CEO Jason Gorevic stepping down.Taking over for Gorevice is Chief Financial Officer Mala Murthy. This will only be temporary as the company searches for a permanent replacement for Gorevice. It will consider both internal and external candidates.What’s interesting about this is Gorevice has been leading Teladoc since 2019. This put him in control of the company throughout the Covid-19 pandemic.Demand for virtual doctor v ...

Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his role as head of the company effective immediately, according to a release.The company's board of directors has temporarily appointed CFO Mala Murthy as Gorevic's replacement and hired an executive search firm to determine a permanent successor.Shares of Teladoc were mostly flat in premarket trading Friday but are down about 34% year-to-date. The stock has also fallen from a high of $294.54 in February 2021 to ab ...

Jason Gorevic to depart the company, effective immediatelyCFO Mala Murthy appointed acting chief executiveTeladoc Health reaffirms guidance PURCHASE, NY, April 05, 2024 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE:TDOC), the global leader in whole-person virtual care, today announced that Jason Gorevic is departing the company, effective immediately. The Board of Directors has appointed Mala Murthy acting Chief Executive Officer while it searches for Mr. Gorevic's permanent successor. Ms. Murthy is a seas ...

Teladoc (TDOC) ended the recent trading session at $15.12, demonstrating no swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.63%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.82%.The telehealth services provider's stock has dropped by 28.1% in the past month, falling short of the Medical sector's gain of 0.91% and the S&P 500's gain of 1.76%.The upcoming earnings release of Teladoc will be of great interest to investor ...

Teladoc (TDOC) closed the latest trading day at $15.37, indicating a -1.41% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.12%. Meanwhile, the Dow gained 0.61%, and the Nasdaq, a tech-heavy index, added 1.54%.Heading into today, shares of the telehealth services provider had lost 26.11% over the past month, lagging the Medical sector's gain of 2.49% and the S&P 500's gain of 2.06% in that time.The upcoming earnings release of Teladoc will be of great i ...

Teladoc Health, Inc. (TDOC) recently enhanced its weight management capabilities in a bid to offer a personalized health and medical care program to keep an eye on minimizing care costs related to obesity and promoting healthy weight loss. The new solution will be offered to TDOC’s members via health plans or employers. Its shares gained 0.5% on Mar 8.The Comprehensive Weight Management solution is devised by a multidisciplinary clinical care squad powered by an extensive provider network of Teladoc Health, ...

The struggle continues for telemedicine specialist Teladoc (TDOC 0.46%). The company's shares have been in free-fall since 2021 -- down 90% over the past three years -- and it started 2024 with another disappointing quarterly update that further dragged down its stock price. Is there still reason to invest in Teladoc?Wall Street analysts think so. Their average price target of $20.16 represents an upside of about 31% over the stock's Friday closing price. Can Teladoc bounce back and hit this target within a ...

PURCHASE, N.Y., Dec. 22, 2023 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE: TDOC), the global leader in whole-person virtual care, announced today that Jason Gorevic, chief executive officer, and Mala Murthy, chief financial officer, will participate in the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco on January 9th, 2024. A live audio webcast and replay of the presentation will be available at http://ir.teladochealth.com/news-and-events/events-and-presentations/. About Teladoc Health Te ...

PURCHASE, NY, March 07, 2024 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE:TDOC), the global leader in whole-person virtual care, today announced expanded capabilities designed to help employers and health plans manage rising demand for anti-obesity medication such as glucagon-like peptide 1 (GLP-1) agonists and support safe, sustainable weight loss and cardiometabolic health improvement for members. New features include helping plan sponsors and pharmacy benefit managers manage and optimize the growing co ...