Sen. Bernie Sanders announced on Wednesday that he would be ending his presidential campaign.
The health care system is taking a beating as it prepares to deal with an increasing load of COVID-19 coronavirus cases, and, like the rest of the economy, health care stocks have tanked in recent weeks as profit forecasts and business outlooks get thrown out the window.
But today offered a sliver of good news for health care stocks: Bernie Sanders has dropped out of the presidential race.
"As I see the crisis gripping the nation, exacerbated by a President unwilling or unable to provide any kind of credible leadership, and the work that needs to be done to protect people in this most desperate hour, I cannot in good conscience continue to mount a campaign that cannot win, and which would interfere with the important work required of all of us in this difficult hour," Sanders said.
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Emily Payne
Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
