3 Stocks That May Get Hit by the Coronavirus Outbreak
Over the last few weeks, there has been growing alarm over the rapid spread of a new virus (now termed the "novel coronavirus"), which originated from Wuhan, China. With the total number of infections passing above 20,000 in China along with more than 400 deaths (at the time of writing), this disease seems to be spreading fast.
Many countries, including the U.S., Australia, and New Zealand, have banned foreign nationals from entering if they have visited China recently, while other countries bordering China have slammed their land borders shut in an attempt to contain the spread of this new virus. The World Health Organization (WHO) has declared the novel coronavirus a global health emergency and acknowledged the escalating health threats the virus poses.
While it may sound like a really good idea to jump into healthcare stocks right now, there are other industries that are being badly impacted by this outbreak. Here are three businesses that may get badly hit if the disease is not controlled and contained soon.
Source Fool.com
