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)
Historical Stock Chart
Von Sep 2021 bis Sep 2022 Click Here for more American Well Charts.