WBMD » Topics » Market Information

These excerpts taken from the WBMD 10-K filed Feb 27, 2009.
Market Information
 
We completed the initial public offering of our Class A Common Stock on September 28, 2005. Our Common Stock began trading on the Nasdaq National Market under the symbol “WBMD” on September 29, 2005 and now trades on the Nasdaq Global Select Market. The high and low prices for each quarterly period during the last two fiscal years are as follows:
 
                 
    High     Low  
 
2007
               
First quarter
  $ 57.28     $ 40.09  
Second quarter
    58.53       46.07  
Third quarter
    58.65       44.16  
Fourth quarter
    63.49       38.73  
2008
               
First quarter
  $ 41.99     $ 23.15  
Second quarter
    35.40       21.86  
Third quarter
    35.00       23.80  
Fourth quarter
    29.99       13.63  
 
The market price of our Class A Common Stock has fluctuated in the past and is likely to fluctuate in the future. Changes in the market price of our Class A Common Stock may result from, among other things:
 
  •  quarter-to-quarter variations in operating results;
 
  •  operating results being different from analysts’ estimates or opinions;
 
  •  changes in analysts’ earnings estimates;
 
  •  changes in financial guidance or other forward-looking information;
 
  •  announcements of new products, services or pricing policies by us or our competitors;
 
  •  announcements of acquisitions or strategic partnerships by us or our competitors;
 
  •  developments in existing customer or strategic relationships;
 
  •  actual or perceived changes in our business strategy;
 
  •  developments in new or pending litigation and claims;
 
  •  sales of large amounts of our Class A Common Stock;
 
  •  changes in general business or regulatory conditions affecting the healthcare, information technology or Internet industries;
 
  •  changes in general economic conditions; and
 
  •  fluctuations in the securities markets in general.
 
In addition, the market prices of our Class A Common Stock and of the stock of other Internet-related companies have experienced large fluctuations, sometimes quite rapidly. These fluctuations often may be unrelated to or disproportionate to operating performance.
 
Market
Information



 



We completed the initial public offering of our Class A
Common Stock on September 28, 2005. Our Common Stock began
trading on the Nasdaq National Market under the symbol
“WBMD” on September 29, 2005 and now trades on
the Nasdaq Global Select Market. The high and low prices for
each quarterly period during the last two fiscal years are as
follows:


 










































































































































                 

 

 

High

 

 

Low

 
 


2007


 

 

 

 

 

 

 

 


First quarter


 

$

57.28

 

 

$

40.09

 


Second quarter


 

 

58.53

 

 

 

46.07

 


Third quarter


 

 

58.65

 

 

 

44.16

 


Fourth quarter


 

 

63.49

 

 

 

38.73

 


2008


 

 

 

 

 

 

 

 


First quarter


 

$

41.99

 

 

$

23.15

 


Second quarter


 

 

35.40

 

 

 

21.86

 


Third quarter


 

 

35.00

 

 

 

23.80

 


Fourth quarter


 

 

29.99

 

 

 

13.63

 






 



The market price of our Class A Common Stock has fluctuated
in the past and is likely to fluctuate in the future. Changes in
the market price of our Class A Common Stock may result
from, among other things:


 








































































































































  • 

quarter-to-quarter variations in operating results;
 
  • 

operating results being different from analysts’ estimates
or opinions;
 
  • 

changes in analysts’ earnings estimates;
 
  • 

changes in financial guidance or other forward-looking
information;
 
  • 

announcements of new products, services or pricing policies by
us or our competitors;
 
  • 

announcements of acquisitions or strategic partnerships by us or
our competitors;
 
  • 

developments in existing customer or strategic relationships;
 
  • 

actual or perceived changes in our business strategy;
 
  • 

developments in new or pending litigation and claims;
 
  • 

sales of large amounts of our Class A Common Stock;
 
  • 

changes in general business or regulatory conditions affecting
the healthcare, information technology or Internet industries;
 
  • 

changes in general economic conditions; and
 
  • 

fluctuations in the securities markets in general.


 



In addition, the market prices of our Class A Common Stock
and of the stock of other Internet-related companies have
experienced large fluctuations, sometimes quite rapidly. These
fluctuations often may be unrelated to or disproportionate to
operating performance.


 




This excerpt taken from the WBMD DEF 14A filed Nov 5, 2008.
Market Information
 
We completed the initial public offering of our Class A Common Stock on September 28, 2005. Our Common Stock began trading on the Nasdaq National Market under the symbol “WBMD” on September 29, 2005 and now trades on the Nasdaq Global Select Market.
 
The high and low prices for each quarterly period during the last two fiscal years are as follows:
 
                 
    High     Low  
 
2006
               
First quarter
  $ 44.27     $ 28.55  
Second quarter
    47.30       34.10  
Third quarter
    46.85       34.25  
Fourth quarter
    41.71       33.93  
2007
               
First quarter
  $ 57.28     $ 40.09  
Second quarter
    58.53       46.07  
Third quarter
    58.65       44.16  
Fourth quarter
    63.49       38.73  
 
The market price of our Class A Common Stock has fluctuated in the past and is likely to fluctuate in the future. Changes in the market price of our Class A Common Stock and other securities may result from, among other things:
 
  •  quarter-to-quarter variations in operating results;
 
  •  operating results being different from analysts’ estimates or opinions;
 
  •  changes in analysts’ earnings estimates;
 
  •  changes in financial guidance or other forward-looking information;
 
  •  announcements of new technologies, products, services or pricing policies by us or our competitors;
 
  •  announcements of acquisitions or strategic partnerships by us or our competitors;
 
  •  developments in existing customer or strategic relationships;
 
  •  actual or perceived changes in our business strategy;
 
  •  developments in new or pending litigation and claims;
 
  •  sales of large amounts of our Class A Common Stock;
 
  •  changes in market conditions in the healthcare, information technology, Internet or plastic industries;
 
  •  changes in general economic conditions; and
 
  •  fluctuations in the securities markets in general.
 
In addition, the market prices of Internet and healthcare information technology stocks in general, and of our Class A Common Stock in particular, have experienced large fluctuations, sometimes quite rapidly. These fluctuations often may be unrelated or disproportionate to the operating performance of these companies. Any
 
WebMD 2007 Annual Report — Market for Common Equity
 
ANNEX C – PAGE 1


Table of Contents

negative change in the public’s perception of the prospects of these companies, as well as other broad market and industry factors, may result in changes in the price of our Class A Common Stock.
 
These excerpts taken from the WBMD 10-K filed Feb 29, 2008.
Market Information
 
We completed the initial public offering of our Class A Common Stock on September 28, 2005. Our Common Stock began trading on the Nasdaq National Market under the symbol “WBMD” on September 29, 2005 and now trades on the Nasdaq Global Select Market.
 
The high and low prices for each quarterly period during the last two fiscal years are as follows:
 
                 
    High     Low  
 
2006
               
First quarter
  $ 44.27     $ 28.55  
Second quarter
    47.30       34.10  
Third quarter
    46.85       34.25  
Fourth quarter
    41.71       33.93  
2007
               
First quarter
  $ 57.28     $ 40.09  
Second quarter
    58.53       46.07  
Third quarter
    58.65       44.16  
Fourth quarter
    63.49       38.73  
 
The market price of our Class A Common Stock has fluctuated in the past and is likely to fluctuate in the future. Changes in the market price of our Class A Common Stock and other securities may result from, among other things:
 
  •  quarter-to-quarter variations in operating results;
 
  •  operating results being different from analysts’ estimates or opinions;
 
  •  changes in analysts’ earnings estimates;
 
  •  changes in financial guidance or other forward-looking information;
 
  •  developments relating to the HLTH Merger;
 
  •  announcements of new technologies, products, services or pricing policies by us or our competitors;
 
  •  announcements of acquisitions or strategic partnerships by us or our competitors;
 
  •  developments in existing customer or strategic relationships;
 
  •  actual or perceived changes in our business strategy;
 
  •  developments in new or pending litigation and claims;
 
  •  sales of large amounts of our Class A Common Stock;
 
  •  changes in market conditions in the healthcare, information technology, Internet or plastic industries;
 
  •  changes in general economic conditions; and
 
  •  fluctuations in the securities markets in general.
 
In addition, the market prices of Internet and healthcare information technology stocks in general, and of our Class A Common Stock in particular, have experienced large fluctuations, sometimes quite rapidly. These fluctuations often may be unrelated or disproportionate to the operating performance of these companies. Any


49


Table of Contents

negative change in the public’s perception of the prospects of these companies, as well as other broad market and industry factors, may result in changes in the price of our Class A Common Stock.
 
Market
Information



 



We completed the initial public offering of our Class A
Common Stock on September 28, 2005. Our Common Stock began
trading on the Nasdaq National Market under the symbol
“WBMD” on September 29, 2005 and now trades on
the Nasdaq Global Select Market.


 



The high and low prices for each quarterly period during the
last two fiscal years are as follows:


 










































































































































                 

 

 

High

 

 

Low

 
 


2006


 

 

 

 

 

 

 

 


First quarter


 

$

44.27

 

 

$

28.55

 


Second quarter


 

 

47.30

 

 

 

34.10

 


Third quarter


 

 

46.85

 

 

 

34.25

 


Fourth quarter


 

 

41.71

 

 

 

33.93

 


2007


 

 

 

 

 

 

 

 


First quarter


 

$

57.28

 

 

$

40.09

 


Second quarter


 

 

58.53

 

 

 

46.07

 


Third quarter


 

 

58.65

 

 

 

44.16

 


Fourth quarter


 

 

63.49

 

 

 

38.73

 






 



The market price of our Class A Common Stock has fluctuated
in the past and is likely to fluctuate in the future. Changes in
the market price of our Class A Common Stock and other
securities may result from, among other things:


 


















































































































































  • 

quarter-to-quarter variations in operating results;
 
  • 

operating results being different from analysts’ estimates
or opinions;
 
  • 

changes in analysts’ earnings estimates;
 
  • 

changes in financial guidance or other forward-looking
information;
 
  • 

developments relating to the HLTH Merger;
 
  • 

announcements of new technologies, products, services or pricing
policies by us or our competitors;
 
  • 

announcements of acquisitions or strategic partnerships by us or
our competitors;
 
  • 

developments in existing customer or strategic relationships;
 
  • 

actual or perceived changes in our business strategy;
 
  • 

developments in new or pending litigation and claims;
 
  • 

sales of large amounts of our Class A Common Stock;
 
  • 

changes in market conditions in the healthcare, information
technology, Internet or plastic industries;
 
  • 

changes in general economic conditions; and
 
  • 

fluctuations in the securities markets in general.


 



In addition, the market prices of Internet and healthcare
information technology stocks in general, and of our
Class A Common Stock in particular, have experienced large
fluctuations, sometimes quite rapidly. These fluctuations often
may be unrelated or disproportionate to the operating
performance of these companies. Any





49





Table of Contents






negative change in the public’s perception of the prospects
of these companies, as well as other broad market and industry
factors, may result in changes in the price of our Class A
Common Stock.


 




This excerpt taken from the WBMD 10-K filed Mar 2, 2007.
Market Information
 
We completed the initial public offering of our Class A Common Stock on September 28, 2005. Our Common Stock began trading on the Nasdaq National Market under the symbol “WBMD” on September 29, 2005 and now trades on the Nasdaq Global Select Market.
 
The high and low prices for each quarterly period during the last two fiscal years are as follows:
 
                 
    High     Low  
 
2005
               
First quarter
    N/A       N/A  
Second quarter
    N/A       N/A  
Third quarter
  $ 30.00     $ 19.80  
Fourth quarter
    32.89       22.60  
                 
2006
               
First quarter
  $ 43.28     $ 29.90  
Second quarter
    47.30       35.45  
Third quarter
    46.52       34.34  
Fourth quarter
    41.14       34.18  
 
The market price of our Class A Common Stock has fluctuated in the past and is likely to fluctuate in the future. Changes in the market price of our Class A Common Stock and other securities may result from, among other things:
 
  •  quarter-to-quarter variations in operating results;
 
  •  operating results being different from analysts’ estimates or opinions;
 
  •  changes in analysts’ earnings estimates;
 
  •  announcements of new technologies, products, services or pricing policies by us or our competitors;
 
  •  announcements of acquisitions or strategic partnerships by us or our competitors;
 
  •  developments in existing customer or strategic relationships;
 
  •  actual or perceived changes in our business strategy;
 
  •  developments in new or pending litigation and claims;
 
  •  sales of large amounts of our Class A Common Stock;
 
  •  changes in market conditions in the healthcare, information technology, Internet or plastic industries;
 
  •  changes in general economic conditions; and
 
  •  fluctuations in the securities markets in general.
 
In addition, the market prices of Internet and healthcare information technology stocks in general, and of our Class A Common Stock in particular, have experienced large fluctuations, sometimes quite rapidly. These fluctuations often may be unrelated or disproportionate to the operating performance of these companies. Any negative change in the public’s perception of the prospects of these companies, as well as other broad market and industry factors, may result in changes in the price of our Class A Common Stock.


44


Table of Contents

 
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