Shares of WebMD Health rose nicely yesterday following the company's IPO. The stock rose nearly 40 percent to $25 per share in the first day of trading and appears to be continuing its upward march today. The thinking on Wall Street is that WebMD Health, a specialist in consumer health information, is well-positioned to take advantage of the growing interest in consumer directed care. Meanwhile, the old WebMD is continuing along under the new name of Emdeon, providing web-based claims processing for physicians.
- see this article [1] from The New York Times
Links:
[1] http://www.nytimes.com/2005/09/30/business/media/30webmd.html?adxnnl=1&adxnnlx=1128088891-oD0k3NS/FNbXtiutkoObbQ