Hospital supplier shares sink as Amazon reportedly wants to expand medical supply business

Shares of several healthcare suppliers and services companies declined Tuesday after The Wall Street Journal reported Amazon is looking to expand its medical supplies business.

Amazon is reportedly exploring ways to create a marketplace where clinics and hospitals can purchase medical supplies. The company recently sent employees to a health system in the Midwest to test whether the system's 150 outpatient facilities can use Amazon Business to order medical supplies, according to WSJ.

In Tuesday's premarket session, shares of McKesson, Cardinal Health and Owens & Minor were all more than 3 percent lower, according to CNBC. Shares of Amazon saw little change premarket.

Read the full WSJ article here.

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