Teladoc Update

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Teladoc To Contact Him Directly To Discuss Their Options

May 09, 2022 6:29 PM EDT | Source: Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - May 9, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims Teladoc Health, Inc. ("Teladoc" or the "Company") (NYSE: TDOC).

If you suffered losses exceeding $50,000 investing in Teladoc stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/TDOC.

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There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.

On April 27, 2022, Teladoc announced its first quarter 2022 financial results, including revenue of $565.4 million, which missed consensus estimates by $3.23 million, and "[n]et loss per share of $41.58, primarily driven by [a] non-cash goodwill impairment charge of $6.6 billion or $41.11 per share[,]" prompting multiple analyst downgrades on the Company's stock.

On this news, Teladoc's stock price fell sharply during intraday trading on April 28, 2022.

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