How did the removal from Russell indices affect TDOC stock price?

Teladoc's stock fell 4.7% in a single day to about $9.07 after being removed from several Russell growth benchmarks.

What virtual care services does Teladoc offer?

Teladoc provides remote medical consultations via video and phone, including primary care and mental health services.

Teladoc Health Expands via Walmart and NBPA Partnerships

Teladoc Health (TDOC) has entered two new partnerships with Walmart and the National Basketball Players Association (NBPA), reshaping its virtual care footprint. The moves come after the stock was removed from several Russell growth benchmarks, causing a 4.7% single-day decline to about $9.07.

July 9, 2026

2 min read

Source: Simply Wall St.

Key Numbers

share price decline

4.7%

current price

$9.07

momentum period

30 days

Teladoc Health (TDOC) announced two strategic partnerships with Walmart and the National Basketball Players Association (NBPA), expanding its virtual care reach. These developments follow the stock's removal from several Russell growth benchmarks, which triggered a 4.7% drop to around $9.07.

Partnership Details

Walmart Collaboration

The partnership with Walmart will integrate Teladoc's virtual care services into Walmart Health clinics, potentially reaching millions of customers.

NBPA Agreement

Under the agreement with the NBPA, Teladoc will provide mental health and primary care services to NBA players.

Context

Despite positive news, TDOC faced headwinds from index removal. However, the stock has shown strong short-term momentum over the past 30 days.

What This Means for Investors

These partnerships are positive for revenue diversification and customer base expansion, but index removal may increase volatility. The next quarterly earnings will be key to assessing the trend.

Frequently Asked Questions

Teladoc will provide virtual care services through Walmart Health clinics, expanding its reach to millions of customers.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.