Teladoc Announces Pricing of Initial Public Offering
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July 1, 2015 9:55 AM EDT
Today's IPO for Teladoc, Inc. (NYSE: TDOC) opened for trading at $29.90 after pricing 8,250,000 shares of its common stock at a price to the public of $19.00 per share, above the recently expected range of $15 to $17 per share.
All of the shares are being offered by Teladoc. The underwriters for the offering also have a 30-day option to purchase up to an additional... More
July 1, 2015 8:11 AM EDT
Teladoc, Inc. (NYSE: TDOC), the first and largest telehealth platform in the United States, has priced and upsized its initial public offering from 7,000,000 to 8,250,000 shares of its common stock at a price to the public of $19.00 per share.
*** Pricing compares with a... More
July 1, 2015 6:46 AM EDT
RBC Capital initiated coverage on Teladoc (NYSE: TDOC) with an Outperform rating and a price target of $35.00.
For an analyst ratings summary and ratings history on Teladoc click here. For more ratings news on Teladoc click here.
Shares of Teladoc closed at $ yesterday.
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