Newswatch: Why The Health-care Stock Selloff May Actually Be A Good Thing

If there are any investors still wondering how vicious the selloff in health care stock has been over the past couple of weeks, the charts below are worth 1,000 words. But sometimes, a sector or stock can perform so badly, that it can be a good thing.

Topics:  stock   selloff   good   
BING NEWS:
  • Health Care Flat as Momentum Wanes -- Health Care Roundup
    Health-care companies were flat as momentum in the sector stalled. Obesity drug maker Novo Nordisk and Eli Lilly gave back some of their recent gains.
    05/16/2024 - 10:35 am | View Link
  • Who might buy hospitals from Massachusetts to Arizona? Steward Health Care looks for buyers
    BROCKTON — Private equity firms have been buying up hospitals and health care systems, like Steward Health Care ... the deal would involve Optum acquiring all issued and outstanding capital stock of ...
    05/14/2024 - 11:14 pm | View Link
  • Health care is still very crowded but trades at a discount vs. history
    The health care sector (NYSEARCA:XLV) is crowded despite a reversal on the recession outlook, according to BofA Securities’ Sector Focus Point report. The sector is still overweight by consensus.
    05/14/2024 - 3:00 am | View Link
  • Health Care Flat as Traders Digest Earnings Data
    Health-care companies were more or less flat as traders digested a mixed earnings season. While the health-care industry group was among the weakest on ...
    05/13/2024 - 9:50 am | View Link
  • 3M health care spinoff Solventum prioritizing paying down $8.3B long-term debt
    In its first financial earnings report, the new Fortune 500-level company predicted a stagnant sales forecast for its first year in business.
    05/9/2024 - 5:23 am | View Link
  • More

 

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