When the U.S. Supreme Court handed down its first ruling on the Affordable Care Act in 2012, some news outlets reported incorrectly that the law had been struck down.
That caused an immediate uptick in the stock prices of large health care corporations such as Cigna and Hospital Corp. of America. But as the news got corrected and it became clear that much of the law was upheld in NFIB v. Sebelius, health care stocks slid downward, ultimately costing investors more than $6 billion over two days.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
