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The Ratings Game: Why health-care stocks aren’t moving after President Trump’s Obamacare executive order

President Donald Trump’s first executive order after his Friday inauguration reinforced his administration’s intent to repeal the Affordable Care Act and told federal agencies to reduce the law’s regulatory and economic impact.

But reading the tea leaves has been a tall order. Experts differ wildly on whether the directive has any implications and where those effects may lie.

Some insisted that the act is symbolic, a nod to campaign promises rather than an indication of near-term changes.

“There is not likely to be much immediate initial change,” said Evercore ISI policy analyst Terry Haines, calling the executive order a “tone setter.

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