What happened Shares of Livongo Health (NASDAQ: LVGO) were sliding 6.5% lower as of 11:10 a.m. EDT on Thursday. The digital health-management company didn't announce any news that would cause its stock to fall. Instead, Livongo's shares were dragged lower as the overall stock market slipped on disappointing unemployment numbers released today. So what Growth stocks like Livongo Health tend to rise and fall more dramatically than the overall stock market on any positive or negative news. But does the unemployment news that affected the broader market really impact Livongo? Possibly. Image source: Getty Images. Livongo markets its platform for managing chronic conditions including diabetes and hypertension to large self-insured employers, health plans, and government programs. Clients pay for each participant on a monthly basis. If large organizations that are existing customers cut back on staffing, it can reduce Livongo's revenue. If prospects lay off employees, it lowers the company's growth prospects. However, Livongo probably doesn't have much to worry about. The COVID-19 pandemic has fueled strong demand for its digital health-management platform. The momentum from the first half of 2020 seems likely to continue throughout the rest of the year and well into the future. Now what The main thing for investors to watch is Livongo Health's second-quarter update scheduled for Aug. 6, 2020. If unemployment levels are negatively impacting the company's prospects, it could show up in Livongo's Q2 numbers. 10 stocks we like better than Livongo Health IncWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Livongo Health Inc wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 2, 2020 Keith Speights owns shares of Livongo Health Inc. The Motley Fool owns shares of and recommends Livongo Health Inc. The Motley Fool has a disclosure policy.Source