Health-care stocks could rebound after their worst week of the year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Health care's sharp drop comes as investors worry that left-leaning policy ideas like universal health coverage are gaining support.

Health-care stocks fell sharply last week, notching their worst weekly performance of the year, but a rebound may be at hand.

"Because this latest move was largely caused by political hot air and not something structural within the sector, I think we could see a bounce back in some of these names," Thrasher said in a note to clients."I believe the stocks have been over-extended to the downside." Worries increased after UnitedHealth CEO David Wichmann warned Tuesday that such policies would"destabilize the nation's health system." That comment sent UnitedHealth shares down 4% and the health-care sector down 2%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World Health Organization says measles cases up 300 percent in 2019The organization also calls 'vaccine hesitancy' a key global health threat. And in the US it's because of stupid people who don't believe science. Bc less and less are vaccinating their children 🤷🏽‍♀️ BECAUSE OF IDIOTS WHO ARE ANTI VACCINATIONS WHO ARE AS BAD AS ISLAMIC TERRORISTS AND PERHAPS MORE DEADLY!
Source: washingtonpost - 🏆 95. / 72 Read more »

For ICE detainees, lackluster medical and mental health treatment: ReportFor ICE detainees, it's lackluster medical and mental health treatment, a new report shows. Via KHNews: KHNews Toss 'em back over the wall. StopTheInvasion KHNews Get the word out KHNews For our vets on the streets its zero treatment. BUILDtheWALL TakeCareOfOurOwn
Source: ABC - 🏆 471. / 51 Read more »

UnitedHealth CEO warns Sanders', AOC's 'Medicare for All' would 'destabilize' US health systemVermont Sen. Bernie Sanders wants to create a government-run system to provide health insurance for all Americans. Oh boy. Good thing an objective person with no reason to fear-monger about Medicare for all has weighed in on the topic. Of course he said that, his company would no longer be needed. They are only bookies...
Source: CNBC - 🏆 12. / 72 Read more »

Why using pretax health savings will keep more money in your pocketThere are two kinds of tax-advantaged savings accounts that let you put money away for health-care needs, depending on what kind of health plan you have: health savings accounts or flexible spending accounts.
Source: CNBC - 🏆 12. / 72 Read more »

New 'added sugars' labeling could save money and improve health(Reuters Health) - The Food and Drug Administration's new mandatory rules r... Sugar is as nutritious as cocaine refined Flour The3WhiteKillers Get real it's merely part of the trilogy of white death. Sugar, salt and flour, exorcise those deamons from your diet lovees. The power of sprouted grains compels you Labels do not change behavior.
Source: Reuters - 🏆 2. / 97 Read more »

Rep. Alexandria Ocasio-Cortez stopped using Facebook due to 'public health risk'Rep. Alexandria Ocasio-Cortez, D-N.Y., says there are health risks associated with Facebook and that's why she's decided to stop using her account. Not to menthion the OPSEC risks.
Source: ABC - 🏆 471. / 51 Read more »

Ocasio-Cortez gives up Facebook, calls social media a 'public health risk to everybody'Ocasio-Cortez, who has 3.9 million Twitter followers, said social media causes 'increased isolation, depression, anxiety, addiction, escapism.' I keep hearing this and always wonder if my friends number will go down, but for the last year it has remained steady at 671. So not sure you are telling the truth here. DitchFacebook If Cortez can't handle the 'stress' of having a Facebook account, how can she handle the stress of holding public office? Anyone who caves under the pressure of social media doesn't need to hold a political office.
Source: USATODAY - 🏆 100. / 63 Read more »

City health department shuts down child care center as measles cases jumpUnited Talmudical Academy, which runs a Williamsburg-based child care center for 3- to 5-year-olds, would not provide records to the health department. I wonder if the hardest part of parenting is dealing with idiotic parents of other kids. Dr. Kelley, pediatric neurologist at the famous Kennedy Krieger Institute and Johns Hopkins, explains that an inflammatory event plus underlying mitochondrial disfunction causes autism. Remember how the tobacco companies hid their problem?
Source: politico - 🏆 381. / 59 Read more »

How prescribing healthy food could save billions of dollars in health-care costsHow prescribing healthy food could save billions of dollars in health care costs Sounds like a socialist wrote this one. A socialist pretending to be a doctor. Tell the people what they need. Old news but still nobody listening WednesdayWisdom
Source: MarketWatch - 🏆 3. / 97 Read more »

How Japan’s Aging Society Paves The Way For The Era Of Digital Health CareAs we teeter on the brink of a super-aging society in most developed economies, arguably creeping fears occurred by increasing nation-wide healthcare costs and a dearth of nursing staff loom over them.
Source: Forbes - 🏆 394. / 53 Read more »