figure with briefcase walking across tumbling coins While it's a longshot to become lawdespite the backing of some contenders for the Democraticpresidential nomination, the proposal has the power to upendcompany stock prices.(Photo: Shutterstock)

(Bloomberg) –Politics can be an ugly business. Health-carepolitics, especially so. Health-care companies that get mixed up inpolitics? That was $28 billion worth of ugly on Tuesday, and thestock market damage continued on Wednesday.

“Presidential primary politics,” said Evercore ISI analystMichael Newshel, are “more in focus than fundamentals.”

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