The Goodwill Ran OutPeople can claim TDOC and WELL are different companies all they want but goodwill is goodwill and TDOC's ran out. A 6.6billion writedown only two years after it's awesome acquisition? too funny and too much to say.
The company's sizable net loss included a noncash goodwill impairment charge of $6.6 billion, or a loss of $41.11 per share.
https://www.fiercehealthcare.com/health-tech/teladoc-shares-tumbled-after-dismal-q1-earnings-analysts-question-telehealth-giants
Didn't I talk about the goodwill on WELL's balance sheet long ago? lol