Fri - WebMD stock rises rapidly after IPO

The stock of health information web site WebMD Health Corp rose as much as 71% in its first day of trading yesterday.

The New York company which operates webmd.com opened for trading at $19.80 (at the upper end of their pricing range), up from its $17-50 IPO price, then rose rapidly, hitting a high of $30 per share.

And who said the tech bull market hasn't returned. Of course it has and expect it to continues through 2006 at least.