These 5 Stocks are Losing Value Today

4. Universal Health Services, Inc. (NYSE:UHS)

Number of Hedge Fund Holders: 40

Shares of Universal Health Services, Inc. (NYSE:UHS) fell over eight percent in the pre-market trading session today after the provider of healthcare services trimmed its financial outlook for fiscal 2022.

Universal Health Services, Inc. (NYSE:UHS) now expects adjusted earnings in the range of $9.60 – $10.40 per share for the year ending December 31, 2022, down from its previous projection of $11.90 – $12.90 per share.

In addition, Universal Health Services, Inc. (NYSE:UHS) lowered its full-year sales outlook to a range of $13.24 – $13.37 billion, versus its earlier guidance of $13.42 – $13.69 billion. The company blamed lower patient volumes for the revised forecast.