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twitterHospital operator’s shares drop on earnings warning
Wednesday, April 16, 2003 | 11:29 a.m.
NASHVILLE, Tenn. -- HCA Inc., the nation's largest hospital operator, warned Tuesday that its first-quarter earnings will fall far below expectations, citing a mild flu season and the closure of several obstetrics and skilled nursing units.
Shares of HCA dropped 20 percent to a new 52-week low of $28.90 Tuesday on the news.
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