GE Healthcare Plunges 11.39% as Tariffs Hit Medical Device Sector

On April 4, 2025, GE Healthcare's stock experienced a significant drop of 11.39% in pre-market trading.

The decline in GE Healthcare's stock is primarily attributed to the U.S.'s implementation of wide-scale tariffs, which have impacted various sectors, including medical devices and diagnostics equipment. The tariffs have led to a decrease in investor confidence, resulting in a sell-off of shares in companies like GE Healthcare.

The tariffs have not exempted medical devices and diagnostics equipment, leading to a broader market rout. This has caused a significant drop in the stock prices of companies in the medical device sector, with GE Healthcare being one of the most affected.

The impact of the tariffs has been felt across the board, with leading losses on major indices being attributed to companies like GE Healthcare. The uncertainty surrounding the tariffs and their potential long-term effects has contributed to the decline in stock prices.