According to the ETF Finder at ETF Channel, MD makes up 2.70% of the SPDR S&PHealth Care Services ETF (XHS) which is lower by about 0.7% on the day Wednesday.
In afternoon trading Wednesday, MD was down about 0.2% on the day.
The PE giant is reported to be leading the auction for the activist-pressured hospital staffing company and is likely to have bid approximately $4 billion.
Cramer said the market is a ball of confusion and he doesn't blame any investor for sitting on the sidelines a while.
TheStreet highlights 3 stocks pushing the drugs industry lower today.