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WebMD Health (WBMD) Looks Good: Stock Soars 20% in Session
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WebMD Health Corp. was a big mover last session, as the company saw its shares rise almost 20% on the day. The move came after the announcement of the company’s buyout by private equity firm – KKR – in a deal worth $2.8 billion. This also led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $55.19 to $59.64 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, WebMD Health boasts a Zacks Rank #1 (Strong Buy).
Is WBMD going up? Or down? Predict to see what others think: Up or Down
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artifical intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
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WebMD Health (WBMD) Looks Good: Stock Soars 20% in Session
WebMD Health Corp. was a big mover last session, as the company saw its shares rise almost 20% on the day. The move came after the announcement of the company’s buyout by private equity firm – KKR – in a deal worth $2.8 billion. This also led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $55.19 to $59.64 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, WebMD Health boasts a Zacks Rank #1 (Strong Buy).
WebMD Health Corp Price
WebMD Health Corp Price | WebMD Health Corp Quote
Another similarly-ranked stock in the same industry is Angie's List, Inc. (ANGI - Free Report) . You can see the complete list of today’s Zacks #1 Rank stocks here.
Is WBMD going up? Or down? Predict to see what others think: Up or Down
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artifical intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>