Yahoo Finance published this video item, entitled “Stock market analysis: Why healthcare stocks underperformed in 2023” – below is their description.
Healthcare stocks have underperformed in the broader market despite all the hype around new medications, company mergers, and post-pandemic transitions. Traditionally, the healthcare sector is seen as a defensive position, but has Big Tech and AI stolen investors’ eyes? Yahoo Finance Reporter Jared Blikre joins the Live show to break down the action surrounding healthcare and pharmaceutical stocks, giving insight into the underperformance of this once-safe bet sector.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Yahoo Finance will be providing more analysis on the healthcare industry in its week-long special Healthcare: Industry Checkup.
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