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Plunge in Health-Insurance Stocks Recalls ‘Dark Days’ of the Financial Crisis

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'In recent days the stocks have behaved more like they did in the dark days of 2008-2010, when we were dealing with relentless EPS guidance cuts, a global stock market meltdown, a severe global economic recession, and a deeply unsettling ACA sausage-making process in D.C.,' Stephens analyst

1 / 2 -- The free-fall in health insurance stocks is reviving memories of the 2008 financial crisis on Wall Street.

Despite slashing their price targets on industry bellwether UnitedHealth as political concerns outweighed an earnings beat, some analysts -- chief among them those at Goldman Sachs -- remain optimistic that the sell-off will stop well before November 2020. Hospitals extended losses too, after joining the sell-off yesterday. Tenet Healthcare Corp. is down 13.4 percent, and the largest publicly-traded hospital, HCA Healthcare Inc., fell 3.6 percent after its biggest slump since the 2016 election on Tuesday.

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귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Nobody deserves dark days more than the CEOs of health insurance companies making $30,000,000 a year for deny patients' care that they need according to physicians

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Health stocks plunge as uncertainty rises on Obamacare, Congress threatens action on drug pricesHealth-care stocks were poised to end the week in the red after lawmakers on Capitol Hill threatened to take legislative action against the nation's largest pharmacy benefit mangers on rising prescription high drug costs.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »