U.S. hospitals, which are most at risk from the ruling, fell as much as 4.4% to the lowest since March 1. The drop in the Bloomberg Intelligence Hospitals Index is led by Community Health Systems, Tenet Healthcare, Quorum Health and HCA Healthcare. Tenet was downgraded by Baird after the ruling, while analyst Matthew Gillmor recommended buying HCA and Universal Health on the weakness.

Source: Los Angeles Times December 17, 2018 15:33 UTC