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Why Align Technology, Bausch Health, and Exact Sciences Stocks Tanked Today


Increased concerns about COVID-19 slammed the stock market again on Wednesday, hitting several healthcare stocks especially hard. Shares of Align Technology (NASDAQ: ALGN) were falling 14.9% lower as of 3:28 p.m. EDT. Bausch Health Companies (NYSE: BHC) stock was down 17.9%. Shares of Exact Sciences (NASDAQ: EXAS) were sinking 11.7% lower.

It's extremely difficult for any stock to perform well when the overall stock market crashes. But are there any reasons to be especially worried about any of these three healthcare stocks? Yes and no.

Image source: Getty Images.

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Source Fool.com

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