After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. Amazon reported a decline in third-quarter earnings after the market closed on Thursday. Returns as of 10/17/2020. Wall Street analysts typically focus more on the short term than the long term. But there are even more reasons to be upbeat about this healthcare stock. Why Livongo Health Stock Is Soaring Today Keith Speights 5/7/2020.

Keith Speights owns shares of Livongo Health Inc and Teladoc Health. Livongo Health (LVGO) closed at $41.37 in the latest trading session, marking a -1.52% move from the prior day.

That's roughly where that stock traded Wednesday morning, down 7% after having been off twice that. Danny Vena (TMFLifeIsGood) Jun … By the close of trading, Teladoc and Livongo’s stocks were down 19% and 11.4%, respectively.

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why is livongo stock dropping

LVGO currently has a short float of 4.69% and public float of 89.19M with average trading volume of 3.17M shares. Moreover, Burke sees further opportunities for growth in expanding its already impressive leadership position. CEO Zane Burke said that the pandemic "has accelerated the need for new virtual care delivery models" like those that his company provides. Dan Caplinger has been a contract writer for the Motley Fool since 2006. 10 stocks we like better than Teladoc Health, When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Also, David Grossman kept his price target for Livongo at $137. The big jump came after the company announced its first-quarter results following the market close on Wednesday. Under the terms of the deal, Livongo’s shareholders will receive 0.592 shares of Teladoc plus $11.33 in … The Motley Fool owns shares of and recommends Livongo Health Inc and Teladoc Health. Markets got a further lift on Wednesday morning, especially with Walt Disney (NYSE:DIS) giving investors a positive surprise. *Stock Advisor returns as of August 1, 2020, Like us on Facebook to see similar stories, Hundreds gather for Women's March to protest Trump, Barrett nomination, Where to find good, cheap pasta in every state. Livongo's quarterly revenue rose 115% year over year to $68.8 million, well above analysts' average estimate of $65.8 million. For long-term investors, the question is whether Teladoc will help foster Livongo's success or simply subsume it into a slower-growing whole. The company posted a minimal loss, and after adjusting for extraordinary items, Livongo said its adjusted earnings came in at $0.11 per share. Shares of Livongo Health (NASDAQ: LVGO) were up 11.8% as of noon EDT on Thursday. So what. Shares of Livongo Health (NASDAQ: LVGO) were tumbling 5.2% lower as of 11:25 a.m. EDT on Monday while shares of Teladoc Health (NYSE: TDOC) were down 6.3%.

After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. Amazon reported a decline in third-quarter earnings after the market closed on Thursday. Returns as of 10/17/2020. Wall Street analysts typically focus more on the short term than the long term. But there are even more reasons to be upbeat about this healthcare stock. Why Livongo Health Stock Is Soaring Today Keith Speights 5/7/2020.

Keith Speights owns shares of Livongo Health Inc and Teladoc Health. Livongo Health (LVGO) closed at $41.37 in the latest trading session, marking a -1.52% move from the prior day.

That's roughly where that stock traded Wednesday morning, down 7% after having been off twice that. Danny Vena (TMFLifeIsGood) Jun … By the close of trading, Teladoc and Livongo’s stocks were down 19% and 11.4%, respectively.

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