Merger News Crashes Telehealth Stocks — Overreaction? Opportunity? episode artwork

EPISODE · Aug 11, 2020 · 2H 6M

Merger News Crashes Telehealth Stocks — Overreaction? Opportunity?

from Dumb Money Live · host Dumb Money

Last week Teledoc and Livongo, two of the largest telehealth stocks, announced they are merging. The accelerated adoption of telemedicine has pushed their combined market cap from $8 billion to $38 billion in recent months. However, both stocks dropped roughly 20% in the 3 days since the merger announcement.  Was that an overreaction? Is this a buying opportunity? Or does the market know best and anticipate a downside to the merger? Today on Dumb Money Live we talk to our close friend, investing partner, and favorite medical doctor, Chase Feiger, to better understand the merger and why the market reacted the way it did about these two monster medical-tech companies becoming one.

Last week Teledoc and Livongo, two of the largest telehealth stocks, announced they are merging. The accelerated adoption of telemedicine has pushed their combined market cap from $8 billion to $38 billion in recent months. However, both stocks dropped roughly 20% in the 3 days since the merger announcement.  Was that an overreaction? Is this a buying opportunity? Or does the market know best and anticipate a downside to the merger? Today on Dumb Money Live we talk to our close friend, investing partner, and favorite medical doctor, Chase Feiger, to better understand the merger and why the market reacted the way it did about these two monster medical-tech companies becoming one.

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Merger News Crashes Telehealth Stocks — Overreaction? Opportunity?

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This episode was published on August 11, 2020.

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Last week Teledoc and Livongo, two of the largest telehealth stocks, announced they are merging. The accelerated adoption of telemedicine has pushed their combined market cap from $8 billion to $38 billion in recent months. However, both stocks...

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