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Health care stocks hit hard by Supreme Court ruling
Dayton Business Journal ^ | 06/28/2012 | Dayton Business Journal Staff

Posted on 06/28/2012 11:35:51 AM PDT by aimhigh

The decision by the U.S. Supreme Court to uphold President Barack Obama's health care reform law sent the stock markets lower with health industry stocks getting hit hardest on Wall Street on Thursday.

(Excerpt) Read more at bizjournals.com ...


TOPICS: Business/Economy; Government
KEYWORDS: obamacare; stocks

1 posted on 06/28/2012 11:35:57 AM PDT by aimhigh
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To: aimhigh

Actually, HCA is up over 2%.


2 posted on 06/28/2012 11:42:12 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: aimhigh

Actually, the hospital stocks are up strongly after the ruling. Many are up 10%.

I have not checked but I understand the health care insurance company stocks are down.

Not sure how the ruling has impacted the drug companies.


3 posted on 06/28/2012 11:54:57 AM PDT by Presbyterian Reporter
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To: Presbyterian Reporter

http://www.usatoday.com/money/industries/health/story/2012-06-28/health-care-stocks/55889578/1

Healthcare insurer stocks fall.
Insurance companies were down sharply as analysts rushed to sort out the ruling. UnitedHealth Group stock (UNH) fell almost 4%, WellPoint (WLP) 7% and Aetna (AET) 4.6%.


4 posted on 06/28/2012 12:00:04 PM PDT by aimhigh
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To: aimhigh

OTOH, H&R Block should get a nice little bump


5 posted on 06/28/2012 12:02:31 PM PDT by NonValueAdded (Steyn: "One can argue about whose fault it is, but not ... whose responsibility it is: it's his")
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