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Tue Apr 16, 2019, 04:15 PM

HCA Healthcare Stock Sinks - Senator Sanders' Fox News town hall Monday only made things worse

By Tatiana Darie
April 16, 2019, 3:48 PM EDT Updated on April 16, 2019, 4:18 PM EDT

Excerpt:

The company’s shares shed $4 billion in market value on Tuesday as concerns about universal health-care coverage spread to the hospital industry. Analysts who cover HCA, the largest and most-widely owned hospital operator, have remained notably silent, sticking to their ratings and issuing no commentary on the 10 percent move.

Reports that audiences cheered the government-run system proposal as it was being discussed by Senator Bernie Sanders of Vermont at a Fox News town hall on Monday only made things worse.

“The market is ascribing an inordinately high probability that some form of Medicare-for-All proposal could become reality,” Cowen analyst Charles Rhyee wrote in a note. The problem is that even support among centrist Democrats is “noticeably absent” and the proposal would likely see strong resistance from doctors and hospitals, said Rhyee, who covers health insurers.

https://www.bloomberg.com/news/articles/2019-04-16/hca-healthcare-stuns-street-with-worst-plunge-since-16-election

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Reply HCA Healthcare Stock Sinks - Senator Sanders' Fox News town hall Monday only made things worse (Original post)
Donkees Apr 2019 OP
Donkees Apr 2019 #1
Uncle Joe Apr 2019 #2

Response to Donkees (Original post)

Tue Apr 16, 2019, 04:23 PM

1. Reports that audiences cheered ...

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Response to Donkees (Original post)

Tue Apr 16, 2019, 04:44 PM

2. It seems their shareholders believe Bernie's chances of success have greatly increased.

Thanks for the thread Donkees.

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