MED - Why Is Wellness Company Medifast Stock Trading Lower Today? | Benzinga
Virtual primary care services provider LifeMD Inc (NASDAQ: LFMD) announced a strategic alliance with Medifast Inc (NYSE: MED), the health and wellness company known for its habit-based and coach-guided lifestyle solution OPTAVIA.
As part of the agreement, Medifast has invested $20 million into LifeMD, including $10 million in contributions to support the collaboration, funding enhancements to the LifeMD platform, operations, and infrastructure, and a $10 million purchase of ...