TDOC got hammered because of this but I still struggle to understand what it means. Definition:
“Goodwill impairment is an accounting charge that companies record when goodwill's carrying value on financial statements exceeds its fair value. In accounting, goodwill is recorded after a company acquires assets and liabilities, and pays a price in excess of their identifiable net value.”
Who identifies that net value of TDOC's acquisition of Livingo? Why now? They bought it like 2 years ago.
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