We recently wrote about weakness in the major drugs industry. On Wednesday, another healthcare-related industry — insurance, accident and health — saw downside pressure after Coventry Health Care Inc (CVH) made a surprise announcement that it was lowering its guidance 46% for the second quarter.
Trading Ideas for Thursday featured a couple of insurance companies in losers list. Let’s look at six companies that are involved in the industry that are members of Health Care SPDR (XLV).
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