Despite the S&P 500 being in the midst of another strong year, Envision Healthcare reported the largest losses among S&P 500 companies during 2017's third quarter, the Motley Fool reports.
Here's what you should know
1. Envision lost 28.3 percent of its value during the quarter.
2. The Fool attributes the loss to several factors. Envision revised its full-year guidance downward to reflect decreased emergency medicine volume, and Envision also agreed to sell its American Medical Response business to KKR for $2.4 billion, decreasing total portfolio holdings in the space.
3. The Fool reports investors are still bullish on the late-2016 merger of Envision and AmSurg, but admits, "the company is going through a rough patch that could continue to challenge the stock in the months ahead."