Seeking Alpha

WebMD surging following Citi conference talk

  • WebMD (WBMD +3.4%) is up 10% over the last two days, thanks largely to an upbeat Citi conference presentation (webcast) from CEO David Schlanger.
  • Among other things, Schlanger mentioned WebMD is actively looking for potential acquisitions. The company had $777M in cash at the end of Q3, and $700M in debt.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs