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Health care stocks freak out over new Amazon company

Brokers run around on the Wall Street stock exchange floor
Health care stocks tanked Tuesday morning. Photo: Spencer Platt / Getty Images

Stock prices of many of the largest health care companies fell heavily this morning on the news that Amazon, JPMorgan Chase and Berkshire Hathaway would team up to create a company that would "address health care for their U.S. employees."

The big picture: Just mentioning "Amazon" and "health care" in the same sentence is enough to throw the health care watchers on Wall Street into a tailspin.