– Home Depot has seen a 35% jump in daily foot traffic since April, according to a study done by Unacast, which tracks mobile phone location data, and cited by The Wall Street Journal.
The increase came despite the pandemic-related cancellation of Home Depot's usual spring sales, and as consumers stuck at home began ramping up various home improvement projects. – The virtual health specialist was upgraded to "outperform" from "neutral" at Credit Suisse, which points to a number of factors including Teladoc's recently announced merger with Livongo Health.
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