new-recommended-broker-banner new-recommended-broker-banner
Practice Stock Trading Your Capitals Is At Risk

TRxADE HEALTH (MEDS) Stock Surges On Telemedicine Service Distribution Deal

Updated: 1 Jul 2021

TRxADE HEALTH's (NASDAQ: MEDS) share price has surged Thursday on news that its subsidiary Bonum Health, a Digital Healthcare business, has signed a Telemedicine Service Distribution Deal with Big Y Pharmacy and Wellness Centers within their supermarkets in Massachusetts and Connecticut.

Bonum Health will provide telemedicine services to the patients of all Big Y pharmacies by offering its Mobile Health Services and prescriber program.

The partnership will also provide Big Y patients access to prescription discount savings through Bonum Health.

Ashton Maaraba, President of Bonum Health, said: “We are thrilled and fortunate to team up with Big Y and their outstanding Health & Wellness leadership and in-store staff.

“Big Y pharmacy leadership recognized an opportunity to provide greater access to deeply discounted low-cost care to their patients, in combination with furthering their prescription discounts, under our unique digital platform, and Big Y chose Bonum Health.”

TRxADE HEALTH's share price has rocketed following the news and is currently up 81.67% at $8.03, putting it in the green for 2021.

Should You Invest in TRxADE HEALTH Shares?

One of the most frequently asked questions we receive is, “what stocks are best to buy right now?” It's a wide-ranging question, but one that we have answered… Our AskTraders stock analysts regularly review the market and compile a list of which companies you should be adding to your portfolio, including short and longer-term positions. Here are the best stocks to buy right now

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .