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HIT: WebMD Health shows good gains following IPO
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 from The New York Times
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- FDA to upgrade safety-data collection
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