Teladoc Stock Collapsed This Week: Here's Why

Shares of Teladoc Health (TDOC -5.00%) collapsed over 30% this week, according to data from S&P Global Market Intelligence. The telehealth provider posted weak revenue growth, more operating losses, and bad 2024 guidance in its 2023 earnings release. Investors have soured on Teladoc stock after it boomed in 2020.The pandemic-era favorite is now off 95% from all-time highs, meaning for every $100 invested at its share price peak, only $5 remains today.Slowing growth, unprofitabilityIn the fourth quarter, Tel ...