Healthcare Stocks Abruptly Drop

Credit: Wochit
Published on April 16, 2019 - Duration: 00:35s

Healthcare Stocks Abruptly Drop

According to Reuters, health care stocks suffered the biggest losses on Wall Street today.

On April 16th, United Health Group shares shrank by 6-percent due to regulatory concerns.

But United Heath was not alone in negative territory, Anthem and Cigna also dropped over 7-percent each.

Those losses dragged on the S&P's healthcare index, which lost almost 2-percent.

On the day, the S&P is trading up half a point, with six of its top eleven sectors trading higher.

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