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WebMd Health (WBMD) NewsBite - WBMD Hits 52-Week High After Closing Merger

Oct 26, 2009 (Fresh Brewed Media via COMTEX) --

Company: WebMD Health Corp (WBMD)

WebMd Health (NasdaqNM: WBMD) hit a new 52-Week high of $36.39 so far today. Currently the stock is up $0.86 (2.51%) to $35.14 on 202,276 shares traded. Today's high is up $21.51 from a 52-Week Low of $13.63. WBMD is getting a boost today from the completion of its merger with HLTH Corp., its former parent company. WebMd Health stock has been showing support around $32.99 and resistance in the $35.05 range. Technical indicators for the stock are neutral and S&P gives WBMD a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on WBMD the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 30 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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Company: WebMD Health Corp (WBMD)


Related terms: health, merger, S&P

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