Tags: Healthcare Reform | John McCain | healthcare | stocks | record | gains | john mccain

Healthcare Stocks Record Gains After McCain's Opposition

Image: Healthcare Stocks Record Gains After McCain's Opposition
(Oliver Contreras/Getty Images)

By    |   Friday, 22 Sep 2017 04:16 PM

Several healthcare stocks recorded gains Friday afternoon after Sen. John McCain, R-Ariz., said he would not support the GOP's latest healthcare bill.

Business Insider reported that these four stocks made the largest moves on the market:

  • Tenet Healthcare (THC), +3.45 percent.
  • LifePoint Hospitals (LPNT), +1.87 percent.
  • Community Health Systems (CYH), +1.92 percent.
  • HCA Holdings (HCA), +1.34 percent.

The S&P 500 healthcare index went up 0.45 percent after McCain's healthcare statement went out Friday afternoon. 

McCain's opposition to the healthcare bill proposed by Sens. Lindsey Graham, R-S.C., and Bill Cassidy, R-La., will likely be lethal for the piece of legislation that would have replaced Obamacare with state-based healthcare platforms.

Sen. Rand Paul, R-Ky., also opposes the bill, while Sen. Susan Collins, R-Maine, is leaning that way as well.

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Several healthcare stocks recorded gains Friday afternoon after Sen. John McCain, R-Ariz., said he would not support the GOP's latest healthcare bill.
healthcare, stocks, record, gains, john mccain, opposition
127
2017-16-22
Friday, 22 Sep 2017 04:16 PM
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