Investing.com– Shares of virtual health company Teladoc rose in aftermarket trading on Monday after the company said its diabetes, hypertension and weight management programs will be available on Amazon.com’s Health Benefits Connector.
Teladoc Inc (NYSE: ) shares rose 4.4% in after-hours trading to $10.13, paring some gains after an initial gain of more than 5%.
The company announced a collaboration with Amazon.com Inc (NASDAQ: ) that will see the e-commerce giant’s customers directly opt-in to Teladoc’s programs through Amazon’s Health Benefits Connector.
This collaboration opens up a new stream of potential users for Teladoc, which already has more than one million active users in its chronic disease program.
