Health-care companies fell as the managed-care insurers whose shares
soared in the wake of former Vice President Joe Biden’s resurgence gave
back some of those gains.
Shares of UnitedHealth Group, Cigna and Centene were among those
declining, as Sen. Elizabeth Warren dropped out of the race for the
Democratic nomination, potentially strengthening the hand of Mr. Biden’s
main rival, Sen. Bernie Sanders.
German drug- and chemicals maker Merck KGaA said its fourth-quarter net profit fell, and warned that 2020 sales will likely be impeded by the coronavirus.
https://www.marketscreener.com/news/Health-Care-Down-As-UnitedHealth-Group-Managed-Care-Cos-Give-Back-Some-Gains-Health-Care-Roundup–30116764/
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