HMS Holdings Tops Reaction To Court Health Care Ruling
Posted on June 28, 2012 at 18:52 PM EDT
Medical stocks reacted with sharp differences after Thursday's Supreme Court decision to uphold, with some limits, the bulk of the Affordable Care Act. Hospitals rallied, led by HCA Holdings' (HCA) 11% leap. Other winners were Health Management Associates (HMA), which surged 9%, and Community Health Systems (CYH), up 8%. Managed care providers were mixed. Molina Healthcare (MOH) and WellCare Health Plans (WCG) jumped 9% apiece.