LifeMD Inc. (NASDAQ:LFMD)

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  • Douglas: $LFMD at resistance with price target raised to $9
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Stock Price $11.95
Change 10.44%
Volume 754,397

LifeMD Inc is a direct-to-patient telehealth company that provides a smarter, cost-effective and convenient way of accessing healthcare. Its telemedicine platform helps patients access licensed providers for diagnoses, virtual care, and prescription medications, often delivered on a recurring basis. In addition to telemedicine offerings, the company sells nutritional supplements and other over-the-counter products. Many of its products are available on a subscription or membership basis, where a patient can subscribe to receive regular shipments of prescribed medications or products. This creates convenience and often discounted pricing opportunities for patients and recurring revenue streams for the company.

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