In this video, I will discuss what Amazon's (AMZN -0.46%) acquisition of 1Life Healthcare (ONEM) means for Teladoc (TDOC -0.84%) shareholders, as well as for Amazon:
- Teladoc shares were down close to 8% Thursday morning before recovering to end the day basically flat.
- Amazon reached an agreement to acquire 1Life Healthcare for $18 a share, which is close to an 80% premium from the closing price on July 20.
- This move might make Amazon's most overlooked business segment even more lucrative.
- Amazon and Teladoc both report their quarterly earnings next week.
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*Stock prices used were the closing prices of July 21, 2022. The video was published on July 21, 2022.