Hospitals Erase $8 Billion as Tenet, HCA Results Disappoint
(Bloomberg) — Stocks of hospital operators are plunging on Friday after earnings reports from Tenet Healthcare Corp. and industry-giant HCA Healthcare Inc. underwhelmed investors, wiping out more than $8 billion in market value across the group. Most Read from Bloomberg Tenet plunged by as much as 32%, the most intraday since November 2008, after its … Read more