10 Stocks Kick Off Trading Week With Losses

7. Teladoc Health, Inc. (NYSE:TDOC)

Teladoc Health, Inc. (NYSE:TDOC) saw its share prices fall by 8.51 percent on Tuesday to close at $13.11 apiece as investors repositioned their portfolios ahead of the release of the company’s 2024 earnings performance next Wednesday, February 26.

Just recently, TDOC announced the acquisition of Catapult Health for $65 million in line with its efforts to improve early detection of health conditions, expand into at-home diagnostic testing, and deliver better health outcomes in care management that would complement its industry-leading suite of integrated solutions.

Subject to customary closing conditions, the transaction is expected to be completed in the first quarter of 2025.

Earlier this month, analysts from Citron Research gave a bullish outlook for the company following the acquisition as well as its effective use of technology to enhance profitability and expand margins.