Shares in Teladoc (ticker: TDOC) jumped 5.5% in premarket trading Thursday, with Hims & Hers Health (HIMS) stock up 1% and American Well (AMWL) 4.5% higher. All three companies offer telemedicine or other remote healthcare services, including healthcare analytics and platforms, and sell prescriptions or over-the-counter drugs online. Amazon (ticker: AMZN) said Wednesday it would shut down Amazon Care at the end of the year just months after laying out plans to expand the service, which included both telehealth and in-person care, across the country, saying it wouldn’t work long term. Read More...
Shares in Teladoc (ticker: TDOC) jumped 5.5% in premarket trading Thursday, with Hims & Hers Health (HIMS) stock up 1% and American Well (AMWL) 4.5% higher. All three companies offer telemedicine or other remote healthcare services, including healthcare analytics and platforms, and sell prescriptions or over-the-counter drugs online. Amazon (ticker: AMZN) said Wednesday it would shut down Amazon Care at the end of the year just months after laying out plans to expand the service, which included both telehealth and in-person care, across the country, saying it wouldn’t work long term.
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