Dow Drops 284 Points On Losses In Salesforce, Verizon Shares

Universal Health Realty Income Trust

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UHT Universal Health Realty Income Trust

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Company profile

Universal Health Realty Income Trust is a real estate investment trust. The Company invests in health care and human service related facilities, including acute care hospitals, behavioral health care hospitals, specialty facilities, free-standing emergency departments, childcare centers, and medical/office buildings. The Company’s portfolio consists of approximately 75 real estate investments or commitments located in approximately 21 states in the United States consisting of approximately six hospital facilities, including three acute care and three behavioral health care; approximately fifty-eight medical/office buildings; approximately four free-standing emergency departments; and approximately four preschool and childcare centers, and approximately three specialty facilities. The Company’s portfolio includes McAllen Medical Center, Wellington Regional Medical Center, Canyon Creek Behavioral Health and Clive Behavioral Health Hospital.

Dow Drops 284 Points On Losses In Salesforce, Verizon Shares

2:07 pm ET December 1, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is declining Thursday afternoon with shares of Salesforce and Verizon seeing the biggest drops for the price-weighted average. Shares of Salesforce (CRM) and Verizon (VZ) are contributing to the index's intraday decline, as the Dow was most recently trading 284 points (0.8%) lower. Salesforce's shares have declined $14.58 (9.1%) while those of Verizon have declined $0.97, or 2.5%, combining for an approximately 102-point drag on the Dow. Other components contributing significantly to the decline include Boeing (BA), UnitedHealth (UNH), and JPMorgan Chase (JPM). A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.

(END) Dow Jones Newswires

December 01, 2022 14:07 ET (19:07 GMT)