Health Stocks Crumble as Fears of ‘Medicare for All’ Snowball
- Want more news about the future of health care? Sign up here for Bloomberg’s Prognosis newsletter to get great stories delivered to your inbox every Thursday. Politics can be an ugly business. Health-care politics, especially so. Health-care companies that get mixed up in politics? That was $28 billion worth of ugly on Tuesday, and the stock market damage continued on Wednesday. “Presidential primary politics,” said Evercore ISI analyst Michael Newshel, are “more in focus than fundamentals.” The slide began in earnest on Tuesday when ...
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