12:02 PM EST, 03/07/2024 (MT Newswires) -- Teladoc (TDOC) said Thursday it is expanding its obesity and weight-management offering with new features that include helping plan sponsors and pharmacy-benefit managers manage costs.

The virtual health care services provider said the expanded offering will also help in managing growing demand for anti-obesity medication such as glucagon-like peptide 1 agonists, and support cardiometabolic health improvement for members.

The company's shares rose 2.8% in recent trading Thursday.

Price: 14.98, Change: +0.40, Percent Change: +2.78