Tuesday, September 22, 2009

Emdeon jury out

As we reported early yesterday, analyst Bret Jones expected the underwriters of Emdeon's IPO to send strong signals of support yesterday. But the banks' actions seemed lackluster, taken overall. It's still early, Jones told VNC later yesterday, but given it was the first day after the Emdeon quiet period ended, Jones said "it was not as positive of a reception as I imagined." NYSE:EM 30-day charts ending Sept. 21, at left.

No comments: