$American Well (AMWL.US)$ Amwell® divests virtual psychiatric care business to Avel eCare in all-cash transaction Thursday, 9th January at 8:00 am Divestment of Amwell Psychiatric Care intended to focus product portfolio on key growth initiatives Company reiterates guidance for 2024 BOSTON, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a global leader in digital care, today announced it has sold its Amwell Psychiatric Care (APC) business to Avel eCare, a national leading provider...
Investors' belief in the company's poor revenue performance and lower-than-average forecasted growth may be causing the low P/S ratio. A change of fortune is needed to justify a higher P/S in the future.
The telehealth market shone brightly, valued at $128.12 billion. The market is poised for a stellar ascent, forecasted to skyrocket from $142.96 billion in 2023 to a staggering $504.24 billion by 2030. This growth, marked by a robust 19.7% CAGR, highlights the sector’s burgeoning potential, as noted by Fortune Business Insights. The growth of telehealth is significant. It underscores its transformative impact on the future landscape of healthcare. $Teladoc Health (TDOC.US)$ A...
Insiders selling activity and absence of recent purchases hint at potential weakness in American Well's stock. Yet, notable insider ownership implies alignment with smaller investors. Caution advised for potential risks.
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American Well Stock Forum
Amwell® divests virtual psychiatric care business to Avel eCare in all-cash transaction
Thursday, 9th January at 8:00 am
Divestment of Amwell Psychiatric Care intended to focus product portfolio on key growth initiatives
Company reiterates guidance for 2024
BOSTON, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a global leader in digital care, today announced it has sold its Amwell Psychiatric Care (APC) business to Avel eCare, a national leading provider...
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