
Teladoc hits all-time low as a risky pattern points to a deeper dive

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Teladoc's stock has hit an all-time low of $5.74, down from a peak of $308, as demand for its telehealth services declines post-pandemic. The company's market cap has plummeted from $46 billion to $1 billion. Revenue fell 2% in Q3 to $862 million, with losses expected to continue. Analysts predict Q4 revenue will drop to $635 million, and annual losses per share are projected to reach 99 cents in 2025. The stock shows a bearish trend, with a head-and-shoulders pattern indicating further declines ahead.
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