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Why Teladoc Health Stock Jumped Today

Why Teladoc Health Stock Jumped Today

On Thursday, Teladoc Health (NYSE: TDOC) announced the closing of its acquisition of InTouch Health, a privately held provider of enterprise telehealth services. As a result of this news, Teladoc's stock rose by about 5.1% today. Teladoc first announced its intention to acquire InTouch Health back in January.