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home / news releases / ARKK - Teladoc: Let's Apply Aloe Vera On The Burns

ARKK - Teladoc: Let's Apply Aloe Vera On The Burns

ARK Innovation
  • TDOC investors were burned when the company reported $6.67B of net losses for FQ1'22.
  • It is evident that TDOC finally admitted to their Livongo folly, though it is the investors who are feeling the pain.
  • Nonetheless, if we were to omit the $6.6B impairment cost, the company's finances are marginally improving.
  • However, we are revising our Buy rating to Hold for now.

For further details see:

Teladoc: Let's Apply Aloe Vera On The Burns
Stock Information
Company Name: ARK Innovation
Stock Symbol: ARKK
Market: NYSE
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