Teladoc IPO Solid For Its On-Demand Health Services

By | July 1, 2015

Scalper1 News

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 Scalper1 News

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