Investing

Soros, Icahn Take a Beating on WebMD Shares (WBMD)

With shares of WebMD Health Corp. (NASDAQ: WBMDF) getting beaten up today, there are a couple of big-time investors sharing in the pain. George Soros recently upped his stake in the company to 6.14% and Carl Icahn holds 7.99% of WebMD’s 56.4 million shares outstanding.

WebMD’s stock is down nearly -29% this morning after the company’s CEO resigned, the board killed its search for an acquirer, and the company announced lowered revenue expectations for 2012.

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