$American Well (AMWL.US)$ 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.
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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