Is Teladoc Oversold? (TDOC)

A combination of weaker-than-expected earnings and swelling re-opening optimism caused shares of the telehealth company, Teladoc (TDOC), to fall by more than -50% from the ATH levels seen earlier this year. … But has the sell-off been overstated?
LikeFolio data still suggests a longer-term bullish outlook, as underlying Purchase Intent Mentions have remained significantly higher than 2019: +64% higher in 21Q2 (ended 6/30)

Although PI Mention volume declined -61% from last year's lockdown highs, that surge in usage may prove beneficial for long-term adoption...Generic Telehealth Mentions are trending +792% vs. 2019 (90-day moving average), demonstrating a lasting impact on consumer demand for such services.
Despite missing EPS estimates, Teladoc reported better-than-expected 21Q2 revenues last week and raised full-year guidance – After opening lower, TDOC shares rallied +14% in the following trading day.