Teladoc's BetterHelp Exodus Deepens: TDOC Craters 22% as Guidance Keeps Getting Cut
Teladoc shares cratered as much as 22-24% Thursday, one of the stock's worst days in years, after a Q2 miss and a Q3 guide that showed no bottom yet in the BetterHelp cash-pay exodus. At 0.65x sales, the stock is now priced for distress even as the core Integrated Care business improves.