Katie O'Brien
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Katie O'Brien in Senior Content Editor,

Obamacare Stays - Healthcare Stocks Soar

Healthcare stocks boomed after SCOTUS upheld Obamacare recently, ruling the state's right to offer tax subsides to establish healthcare exchanges constitutional. Healthcare companies like United (NYSE: UNH) and Humana (NYSE: HUM) reached almost 3%.

“Congress passed the Affordable Care Act to improve health insurance markets, not destroy them,” Chief Justice John Roberts wrote, according to The Huffington Post. “If at all possible, we must interpret the Act in a way that is consistent with the former, and avoids the latter.”

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