Closing glance: health care equipment and supply stocks fall
NEW YORK—Shares of health care equipment and supply companies fell in late trading Wednesday, in line with the broader market, as oil prices surged near $124 per barrel, reigniting concerns over inflation and consumer cutbacks in discretionary spending.
How shares of some major health care equipment and supply companies ended regular trading:
Varian Medical Systems Inc. lost 93 cents to $46.07.
Stryker Corp. fell 50 cents to $62.10.
Baxter International Inc. dropped $1.25 to $61.47.
Boston Scientific Inc. shed 31 cents to $13.42.
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