Why Shares of Teladoc Health Are Lower Today

·2 min read
Why Shares of Teladoc Health Are Lower Today

Shares of virtual healthcare provider Teladoc Health (NYSE: TDOC) were down 4.3% as of 11:25 a.m. EDT. Although the overall market is getting pummeled, Teladoc shares are down a little extra as news broke that its chief operating officer since 2019 -- David Sides -- is leaving to become the CEO of NextGen Healthcare (NASDAQ: NXGN). There, he led a transformation that resulted in profitable growth -- something Teladoc is struggling to achieve.

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