Business
Why are these ASX 200 healthcare shares sinking today? – The Motley Fool Australia
ASX 200 healthcare shares like CSL were among some of the top performers in the race to the COVID vaccine. Why are they slipping now?
As the world raced for vaccines and medicines in 2020 to prevent and treat the COVID-19 pandemic, S&P/ASX 200 Index (ASX: XJO) healthcare shares had some periods of strong outperformance.
But in recent weeks that outperformance, for most, has evaporated.
ResMed and CSL share prices sliding
The ResMed Inc (ASX: RMD) share price has fallen 1.6% in intraday trading and is down by around 11% year to date. ResMed is best known for its respiratory medical devices.
Meanwhile, the CSL Limited (ASX: CSL)…
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