Why HCA Healthcare Stock Is Sinking Today
Shares of HCA Healthcare (NYSE: HCA) were sinking 17.4% lower as of 11:33 a.m. EDT on Wednesday. The hospital operator didn't report any new developments, but rising worries about the impact of the spread of COVID-19 took a toll on its stock.
There are a couple of ways investors can look at the prospects for HCA in the midst of the COVID-19 pandemic and the related stock market crash. The perspective that's more prevalent right now is obviously a pessimistic one. Investors are afraid the number of cases of COVID-19 could overwhelm HCA's hospitals in the coming weeks.
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Source Fool.com
