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home / news releases / AMWL - CloudMD: Massive Growth From Canadian Telehealth Player


AMWL - CloudMD: Massive Growth From Canadian Telehealth Player

CloudMD Software & Services Inc. (DOCRF) is a Canada-based healthcare technology company offering software solutions for medical clinics to provide telehealth services. The company has been presenting exceptional growth driven by several strategic acquisitions along with this year's dynamic during the COVID-19 pandemic accelerating the penetration of telehealth among consumers. The stock is up over 150% in the past month following its latest quarterly results, which showed strong accelerating user gains and operating momentum. While DOCRF with a market cap of $185 million remains speculative given large recurring losses, the growth premium may

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Stock Information

Company Name: American Well Corporation Class A
Stock Symbol: AMWL
Market: NYSE
Website: business.amwell.com

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