Teladoc Health's Shares Rise Amid Leadership Changes and Potential Growth Opportunities

Teladoc Health's shares have risen 21% in the past six months despite its financial results remaining weak. The company's forward P/S ratio is 0.6, making it attractive at current levels. However, its declining revenue and lack of sustained top-line growth may hinder its sustained rebound. The company is exploring opportunities to expand insurance coverage for its BetterHelp virtual therapy service and has acquired UpLift, a virtual mental health service.