Activist investor Carl Icahn has raised his stake in health information website WebMD Health Corp to 13.12 percent from 11.64 percent, according to a regulatory filing. In January, WebMD took itself off the auction block and warned investors of lower 2012 profits as its advertisers in the drug industry pull back on spending.
WebMD Health Corp. (WebMD) is a provider of health information services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. Shares of WBMD remained unchanged at $22.76. In the past year, the shares have traded as low as $22.75 and as high as $58.55. On average, 859848 shares of WBMD exchange hands on a given day and today's volume is recorded at 0.
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