Teladoc IPO Solid For Its On-Demand Health Services
Teladoc (TDOC) dialed up a solid IPO performance Wednesday as shares of the provider of a health care services platform jumped in their first day of trading. Teladoc was the top performer of four initial public offerings that started trading Wednesday and combined raised $390 million. Teladoc raised $158 million, offering 8.3 million shares at 19, above its expected range of 15 to 17. Teladoc stock was up 67%, near 30.50, in morning trading on the