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Why Livongo Health's Stock Is Trading Higher Today

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Why Livongo Health's Stock Is Trading Higher Today

Livongo Health (NASDAQ: LVGO) shares are trading higher on Thursday on continued strength after the company on Tuesday raised second-quarter sales guidance.

Additionally, an Accenture survey showed that many patients are intended to continue using virtual care services after the coronavirus pandemic ends.

Livongo Health provides a data science and technology-enabled platform for the detection of diabetes. Its additional solutions include Livongo for Hypertension, Livongo for Prediabetes and Weight Management, and Livongo for Behavioral Health by myStrength.

The company's clients comprise of employers, health plans, government entities, and labor unions. Its operations are primarily located in the U.S.

Livongo Health shares were trading up 12.06% at $108.50 at the time of publication on Thursday. The stock has a 52-week high of $108.87 and a 52-week low of $15.12.

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