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

Dan Caplinger, The Motley Fool
·4-min read
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).