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Stock impact report

Hedge funds short healthcare providers as subsidies debate intensifies [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
14 weeks, Goldman Sachs said in a note ?on Friday, as expiring subsidies leave lawmakers scrambling to curb costs. About 24 million Americans ?buy health insurance through the Affordable Care Act, known as Obamacare after Democratic President Barack Obama. Subsidies boosted during the COVID pandemic expire on December 31 unless Congress acts, leaving users facing sharply higher costs. U.S. President Donald ?Trump said on Friday ?he wanted to meet health insurers in coming weeks to discuss ways to lower prices. Hedge funds finished the ?week net sellers of healthcare providers and services, pharmaceutical and biotech firms, Goldman said in a client note seen by Reuters on Monday. Life sciences and healthcare ?technology were the only sub-sectors with net purchases. Short bets outweighed long ?positions by more than eight to one, the bank said. Short positions anticipate price declines, while long bets expect gains. Healthcare holdings remain relatively high versus the past ye Show less Read more
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