Teladoc Health, Inc. (NYSE:TDOC) shares are trading higher Monday.
What To Know: The company announced that it will release second quarter 2023 results after the close of the market on July 25, followed by a conference call to discuss the results. A loss of 41 cents per share is estimated, with revenue expected to come in at $649.39 million, according to data from Benzinga Pro.
Furthermore, TDOC stock experienced above-average trading volume of 4.72 million shares on Monday compared to its average volume of 3.80 million. The stock has increased short interest with 17.63% of shares currently sold short.
Also on Monday, Vanguard filed a FormSC13G, indicating a passive stake in the company.
Related Link: Why CAVA Stock Popped Today
TDOC Price Action: Shares of TDOC were up 4.94% at $23.69 at the time of publication, according to Benzinga Pro.
Image by Julio César Velásquez Mejía from Pixabay
