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After soaring yesterday on a report the company is holding buyout talks, WebMD (WBMD) sold off...
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Wednesday, November 30, 2011, 5:41 PM ETAfter soaring yesterday on a report the company is holding buyout talks, WebMD (WBMD) sold off for a while today before closing with a solid 2.8% gain. Adding to the day's volatility was a 13D filed by major shareholder Carl Icahn; the filing urges WebMD to repurchase up to $1B in shares through a Dutch tender offer, with a maximum price of $36/share.
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