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HCA Healthcare Sinks Most Since Post-Trump Election Sell-Off

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HCA Healthcare Inc. investors had their worst day since President Donald Trump’s surprise 2016 election triggered a sell-off in hospital stocks as investors feared Republicans would follow through on his campaign promise to dismantle the Affordable Care Act.

The company’s shares shed $4 billion in market value on Tuesday as concerns about universal health-care coverage spread to the hospital industry. Analysts who cover HCA, the largest and most-widely owned hospital operator, have remained notably silent, sticking to their ratings and issuing no commentary on the 10 percent move.