Why Exact Sciences, HealthEquity, and Senseonics Holdings Stocks Tanked Today

Several healthcare stocks tanked on Wednesday after the World Health Organization (WHO) officially declared the COVID-19 coronavirus disease a pandemic. Exact Sciences (NASDAQ: EXAS) shares closed down 10.9%, HealthEquity (NASDAQ: HQY) stock fell by 11.1%, and Senseonics Holdings (NYSEMKT: SENS) shares sank by 13.6%.

What does WHO's designation of COVID-19 as a pandemic mean for Exact Sciences, HealthEquity, and Senseonics? Not much. But the broader market sell-off pulled all three stocks down in the undertow.

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Source Fool.com