Shares of Teladoc Health Inc (TDOC) are trading -5% lower at a price of $40.9 at the time of this writing.

Investors are wary of TDOC now that Amazon (AMZN) is acquiring One Medical (ONEM), which operates a membership-based primary care platform. Amazon is paying about $3.9B for ONEM while Teladoc Health has a market cap of $6.59 Billion.

Teladoc Health Inc has been trading between a 52-week high of $156.82 and a 52-week low of $27.38. 

Teladoc Health empowers all people everywhere to live their healthiest lives by transforming the healthcare experience. As the world leader in whole-person virtual care, Teladoc Health uses proprietary health signals and personalized interactions to drive better health outcomes across the full continuum of care, at every stage in a person’s health journey. Ranked best in KLAS for Virtual Care Platforms in 2020, Teladoc Health leverages more than a decade of expertise and data-driven insights to meet the growing virtual care needs of consumers and healthcare professionals.

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

pocketsleeves - 4 upvotes - source
PTON, TDOC, and DOCU printing monster green candles makes me feel a little suspicious...