Are you ready? Reality strikes: Healthcare stock crumbles under the pressure of Obamacare
‘Cold, hard reality continues to confront Obamacare and all its economically illiterate dictates. Right now, the stock market in the healthcare sector is beginning to show signs of greater problems to come. For instance, healthcare services company HCA Holdings Inc. took a major hit November 7th, after SVP Christopher F. Wyatt sold 3,152 shares of the stock. The transaction of nearly $250,000 sent the stock into free fall. HCA Holdings is comprised of 168 hospitals, 116 freestanding surgery centers, three psychiatric facilities and a rehabilitation center.
Investors are selling stocks in the healthcare sector, and this could have a ripple effect greater than previously imagined. HealthSouth Corporation also saw major sells during election week.’
Read more: Are you ready? Reality strikes: Healthcare stock crumbles under the pressure of Obamacare
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