- 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.
WebMD surging following Citi conference talk
Jan 8 2014, 13:24 ET