Afternoon Trade: Health and Relationship People

afternoon trade: The wholesale disruption of American health care being discussed in some of these proposals would surely jeopardize the relationship people have with their doctors, destabilize the nation's health system, and limit the ability of clinicians to practice medicine at their best, according to Market Watch. United Health CEO David Wichmann The shares fell 4.5% in afternoon trade, enough to pace the Dow Jones Industrial Average's decliners. The health insurance giant's stock UNH, -1.86% was up as much as 3.4% in intraday trade moments after the opening bell, then steadily traded lower throughout the session, as did the shares of the company's peers, as Chief Executive David Wichmann took a combative stance toward Medicare-for-all proposals unveiled by some Democratic presidential hopefuls. The price decline of 10.26 cut about 70 points off the Dow's price, which was up 82 points. We believe the market is ascribing an inordinately high probability that some form of Medicare-for-all proposal could become reality, Cowen analyst Charles Rhyee said in a note to clients on Tuesday. Analysts chalked up the disparity between the earnings report and the stock reaction to what they're calling the Medicare-for-All overhang. (news.financializer.com). As reported in the news.