Geopolitics Alpha

Mass General Brigham makes layoffs for second time in two years

Published . Updated .

Mass General Brigham makes layoffs for second time in two years

The cost-cutting comes about three years into a merging of clinical services at the state's largest health system.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLV Health Care Select Sector SPDR

    A fund of health-care companies

  • XBI SPDR S&P Biotech

    A fund of biotechnology companies

  • UNH UnitedHealth+10.8%

    A large health insurer

  • JNJ Johnson & Johnson+0.5%

    A large health-care company

  • LLY Eli Lilly+14.8%

    A large drug maker

  • PFE Pfizer+9.7%

    A large drug maker

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLV-0.98%-1.82%base+1.35%+0.61%after closeafter close
XBI-1.94%-3.21%base-0.73%-2.46%after closeafter close
UNH-2.45%-2.38%base+1.93%+1.59%after closeafter close
JNJ-1.68%-1.41%base+3.92%+2.79%after closeafter close
LLY-1.51%-2.38%base+2.83%+1.93%after closeafter close
PFE-1.44%-1.44%base+1.88%+1.37%after closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Mass General Brigham makes layoffs for second time in two years The Boston Globe

Source: The Boston Globe

This story

CompanyWhenMoveStatus
JNJthat day+3.92%final price
JNJthe next day+2.79%still updating
JNJthree days earlier-1.41%final price
JNJfive days earlier-1.68%final price
LLYthat day+2.83%final price
LLYthe next day+1.93%still updating
LLYthree days earlier-2.38%final price
LLYfive days earlier-1.51%final price
PFEthat day+1.88%final price
PFEthe next day+1.37%still updating
PFEthree days earlier-1.44%final price
PFEfive days earlier-1.44%final price
UNHthat day+1.93%final price
UNHthe next day+1.59%still updating
UNHthree days earlier-2.38%final price
UNHfive days earlier-2.45%final price
XBIthat day-0.73%final price
XBIthe next day-2.46%still updating
XBIthree days earlier-3.21%final price
XBIfive days earlier-1.94%final price
XLVthat day+1.35%final price
XLVthe next day+0.61%still updating
XLVthree days earlier-1.82%final price
XLVfive days earlier-0.98%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100Price not final

“Mass General Brigham makes layoffs for second time in two years” scores 12 out of 100. The score uses 1 sources. The price is not final yet.