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Opening Glance: Health care stocks

By Associated Press
July 3, 2008 | Comments (0)

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Shares of health insurers fell sharply Thursday morning, but other health care stocks were able to make gains.

UnitedHealth Group Inc., which cut its profit forecast Wednesday, reached a 4 1/2-year low Thursday morning, and a Goldman Sachs analyst downgraded Aetna Inc. and Health Net Inc.

Morning results in the sector included:

UnitedHealth lost $1.61, or 6.4 percent, to $23.51.

Aetna dropped $2.85, or 7.2 percent, to $36.94.

Elsewhere, drug distributor AmerisourceBergen Corp. added 27 cents to $39.16.

Medical lab operator Laboratory Corp. of America Holdings rose 7 cents to $67.58.

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