Google-backed ‘plumber’ Amwell spikes in debut, IPO a barometer of booming telehealth market
SOURCE: YAHOO FINANCE American Well Corp. (AMWL), began trading Thursday in a long-awaited move that may help boost competition in the increasingly hot telehealth market, and rides a wave of growing enthusiasm for virtual doctor visits that swelled during the COVID-19 pandemic. Amwell’s stock opened at $25 per share, well above the initial public offering (IPO)…
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