These 7 largest Illinois Health Care Companies have seen their equal-company-weighted average stock market prices increase by a very impressive 709% for the six years and three and a half months from March 6, 2009 through the most recent date June 19, 2015.
The US Supreme Court is finalizing its position on King vs Burwell. If it rules to eliminate health insurance premium subsidies in 34 US States, the economic result on US Citizen Stock Market Portfolios will be a huge haircut, especially since just these 7 largest Illinois Health Care Companies presently have a Total Stock Market Capitalization of $242 bil buoyed by the many additional health care customers in the Health Insurance Exchanges under the ACA, coupled with the fact that the average stock market price appreciation of these 7 largest Illinois Health Care Companies has been 7 times since March 6, 2009.
It should be pointed out that the above Total Stock Market Capitalization of $242 bil excludes AbbVie whose Current Market Cap is $111 bil. AbbVie was separated from Abbott Labs in June 2014 and its stock price opened then at $53.76. Its stock now trades at $69.48.
Below here are stock market prices on the most recent date June 19, 2015 and on March 6, 2009 for these 7 largest Illinois Headquartered Health Care Companies, along with the related Stock Market Price Percentage Changes. The Companies are presented by Stock Market Capitalization:
|Health Care Companies||HQs||6-19-15||3-6-09||6-19-15|
|Walgreens Boots Alliance||Deerfield||IL||88.52||22.09||301%|
|Abbott Laboratories||Abbott Park||IL||49.89||22.44||122%|
|Allscripts Healthcare Solutions||Chicago||IL||14.17||7.93||79%|
|Average % Change all 7 Illinois Health Care Companies With Market Cap > $1 Bil||709%|