GE HealthCare Technologies Inc. (NASDAQ:GEHC) sheds $1.7 billion as HCA warning tests order-growth case
Shares of GE HealthCare Technologies slid 5.6% to $61.66 on Tuesday, wiping about $1.7 billion from its market value, after HCA Healthcare Inc. disclosed lower surgery volumes and a roughly $400 million hit from a weaker payer mix. The price action turned a hospital-operator warning into a test of GE HealthCare’s equipment order book.