Teladoc Health (TDOC) Stock Crashes - Cathie Wood Parties In The Bahamas ... | Summary and Q&A

TL;DR

Teledoc Health, after a disastrous year, has lost $6.6 billion in equity over the past quarter, leading to a significant decrease in stock price.

Key Insights

• 😚 Teledoc Health's stock price has experienced a steep decline, losing $6.6 billion in equity over the past quarter.
• 🛀 The company's Q1 earnings showed a loss per share of $43, highlighting their financial difficulties.
• ✋ Teledoc Health's high advertising spend and administrative expenses have hindered their profitability.
• 😜 The ill-timed Lavongo acquisition, made at a peak valuation, has negatively impacted Teledoc Health's financials and shareholder value.
• 😤 The company's management team's decision-making, including payment of hefty compensation packages, has been heavily criticized.
• 💐 Teledoc Health's cash flows have been negative, further exacerbating their financial struggles.
• 🎵 The company's balance sheet has been affected, with a significant decrease in goodwill and potential future liabilities from convertible senior notes.

Transcript

in november of 2020 teledoc health bought lavongo for 18.5 billion dollars today teledoc health is worth nine billion dollars on today's show we're going to be talking about lighting money on fire because that's exactly what's been happening over at teledoc health for the last year what is going on investors hopefully you guys are doing well out th... Read More

Questions & Answers

Q: What led to the significant decrease in Teledoc Health's stock price?

Teledoc Health's stock price dropped after the company lost $6.6 billion in equity over the past quarter, primarily due to a goodwill impairment related to their acquisition of Lavongo.

Q: Why did Teledoc Health's Q1 earnings disappoint investors?

Teledoc Health's Q1 earnings disappointed investors due to a loss per share of $43, a substantial decrease from previous periods.

Q: What were the factors contributing to Teledoc Health's financial troubles?

Factors contributing to Teledoc Health's financial troubles include high advertising spend, increased administrative expenses, and the ill-timed acquisition of Lavongo at a peak valuation.

Q: How did the Lavongo acquisition impact Teledoc Health's financials?

Teledoc Health's acquisition of Lavongo for $18.5 billion resulted in a significant goodwill impairment of $6.6 billion, causing a negative impact on the company's financials.

Summary & Key Takeaways

• Teledoc Health purchased Lavongo for $18.5 billion in 2020, but the company's worth has now plummeted to $9 billion.

• The company's Q1 earnings showed a loss per share of $43, contributing to investors running away from the stock.

• Teledoc Health's financial troubles can be attributed to high advertising spend, administrative expenses, and the ill-timed acquisition of Lavongo.