LifeMD Up After Hiring AI-Focused CTO, Telehealth Competition Grows
LifeMD shares finished up Tuesday. The telehealth company tapped Umesh Sripad as CTO. Sripad has digital exec experience at PetMeds, IKEA USA and Bed Bath & Beyond. He’ll oversee AI, cybersecurity and data systems at LifeMD. The shares closed 1.3% higher at $4.69 on Nasdaq, moving between $4.54 and $4.80 through the day. Google Finance listed the market cap close to $225 million.