Universal Health Stock Down 26.6% in 6 Months: Should You Buy the Dip?

Universal Health Services, Inc. (UHS) shares have plummeted 26.6% in the past six months due to continued investor concerns regarding ongoing Medicaid reimbursement changes and rising expenses. The stock also underperformed the industry, sector and the S&P 500 Index. During this time, peers like Tenet Healthcare Corporation (THC) and HCA Healthcare, Inc. (HCA) declined 23.4% and 18.6%, respectively.6-Month Price Performance: UHS, THC, HCA, Industry, Sector & S&P 500Image Source: Zacks Investment ResearchHow ...