Health Care Down Amid Defensive Bias -- Health Care Roundup

Dow Jones2024-12-28

Health-care companies fell as traders sought out sectors less vulnerable to shifting inflationary and demand trends.

Amedisys shares rallied after the provider of home health care agreed to waive its right to terminate a merger agreement with UnitedHealth Group, bolstering expectations that the deal will succeed despite a government attempt to block it. UnitedHealth is down more than 5% for 2024, though shares of the largest U.S. health insurer by enrollees is still up roughly twenty-fivefold since 2008.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

December 27, 2024 17:20 ET (22:20 GMT)

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