Shares of Remitly and Teladoc rose sharply in afternoon trading as signs of renewed diplomatic talks between the U.S. and Iran lifted investor sentiment. Remitly gained 3.1 percent while Teladoc jumped 4.8 percent, outpacing a broader market rally that saw the S&P 500 attempt to break a five-day losing streak. The Dow Jones Industrial Average and Nasdaq composite also posted gains, with Big Tech stocks leading the recovery in a risk-on environment. Teladoc, which has had 35 moves greater than 5 percent over the past year, is up 26.3 percent year-to-date and trading near its 52-week high of $9.46 from October 2025, though investors who bought $1,000 worth of shares five years ago would now hold only $51.97.
Remitly Global IncRenewed U.S.-Iran diplomatic talks boost investor sentiment, lifting Remitly shares.
Teladoc IncRenewed U.S.-Iran diplomatic talks boost investor sentiment, lifting Teladoc shares.