What's Going On With Talkspace Stock Tuesday?

Talkspace, Inc. TALK stock is moving higher on Tuesday after the company announced it partnered with Amazon Health Services to increase awareness regarding its services.

The Details: Through the partnership, when consumers search Amazon for certain terms, including “stress relief” and “sleep help”, a pop-up near the top of the screen will invite customers to check their eligibly for therapeutic or psychiatric services.

Eligible customers will be directed to complete the Talkspace enrollment process. After completing the enrollment process, customers can be paired with a licensed therapist in a matter of days.

CEO of Talkspace Jon Cohen said, “By making it easier for millions of people across the U.S. to discover their behavioral health benefits while shopping Amazon, we can ensure more people gain access to more than 5,000 licensed therapists they may not have known about, helping them begin their therapy journey with Talkspace.”

How To Buy Talkspace Shares

By now you're likely curious about how to participate in the market for Talkspace TALK – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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TALK Price Action: At the time of writing, Talkspace shares are trading 14.7% higher at $2.19, according to data from Benzinga Pro.

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