Why American Well Stock May Have More Downside Ahead
August 15 2022 - 09:27PM
TipRanks
This year's low-risk appetite has resulted in a poor performance
for American Well Corp. (AMWL), also known as Amwell, with shares
scoring a bit worse than minus 12% since the start of the year. I
am neutral on this stock for the time being, as the downtrend may
not be over yet. A Large Telehealth Provider in the World's Biggest
Market American Well stands out as one of the largest telehealth
companies in the United States. That's not trivial, given that the
North American nation boasts of being home to the world's largest
market share of the core of the telehealth business.
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American Well (NYSE:AMWL)
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American Well (NYSE:AMWL)
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From Jun 2022 to Jun 2023