Advertisement
Australia markets closed
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • AUD/USD

    0.6503
    +0.0014 (+0.22%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    83.00
    -0.36 (-0.43%)
     
  • GOLD

    2,331.40
    -10.70 (-0.46%)
     
  • Bitcoin AUD

    102,024.54
    +308.24 (+0.30%)
     
  • CMC Crypto 200

    1,431.25
    +7.15 (+0.50%)
     

Stock Markets Climb Wednesday Morning; Why Traders Hate the Livongo-Teladoc Deal

Stock Markets Climb Wednesday Morning; Why Traders Hate the Livongo-Teladoc Deal

Markets got a further lift on Wednesday morning, especially with Walt Disney (NYSE: DIS) giving investors a positive surprise. One company whose earnings report seemed to go unnoticed was Livongo Health (NASDAQ: LVGO). The diabetes glucose monitoring specialist announced another set of blockbuster results, but the news got overshadowed by an announcement that the high-growth healthcare stock had agreed to an acquisition by Teladoc Health (NYSE: TDOC).