Investing.com — Shares of virtual health care company Teladoc rose in aftermarket trading Monday after the company said its programs for diabetes, high blood pressure and weight management will be available on Amazon.com's Health Benefits Link.
Teladoc Company (NYSE:) shares rose 4.4% in aftermarket trading to $10.13, paring some gains after initially rising more than 5%.
The company announced a collaboration with Amazon.com Inc (NASDAQ:) under which customers of the e-commerce giant will be able to directly enroll in Teladoc programs through Amazon's Health Benefits Connector.
This collaboration opens a new stream of potential users for Teladoc, which already has more than 1 million active users across its chronic conditions program.