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Thursday, March 5, 2020

Health Care Down As UnitedHealth, Managed Care Give Back Some Gains

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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