Executives in the Kansas City area are sizing up the business, economic and political landscapes that may radically change following Donald Trump’s stunning presidential election victory.
Here are thumbnail sketches and sample reactions of some of the major business-related issues with Trump’s agenda.
Uncertainty about the future of the health care industry caused quick price dips in hospital company stocks and in related companies, such as Cerner, which provides health care technology services. Cerner fell 3.5 percent on Wednesday and lost an additional $1.34, or 2.6 percent, on Thursday to close at $49.46.
Trump’s trade policies — particularly as they affect Mexico — hit one Kansas City company hard the morning after the election.
Shares of Kansas City Southern lost more than 10 percent of their value on Wednesday and fell $1.37, or 1.7 percent, on Thursday to close at $81.11. The railway hauls cars from Mexican factories to U.S. markets, earning the Kansas City-based company the label of a bad Trump stock on the cable network CNBC on Election Day.
Read more: Kansas City Star