News Headlines Article

Healthcare stocks lose ground
Modern Healthcare

Healthcare stocks tumbled in a day when markets failed to recover from an early and sharp drop. The Standard & Poor’s 500 finished Thursday down 4.46% and select publicly traded hospital companies plunged with the market. Community Health Systems, Franklin, Tenn., closed the day down 7.92%. Universal Health Services, King of Prussia, Pa., fell 5.08% for the day. Shares for HCA, Nashville, dropped 4.91%.