09:10 AM EDT, 08/01/2024 (MT Newswires) -- Health care stocks were mixed pre-bell Thursday as the iShares Biotechnology ETF ( IBB ) was 0.4% lower and the Health Care Select Sector SPDR Fund ( XLV ) was 0.1% higher recently.

Moderna ( MRNA ) shares fell nearly 17% after it reported a Q2 revenue of $241 million, down from $344 million a year earlier.

R1 RCM ( RCM ) shares advanced by over 9% after it announced an agreement to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice, or CD&R, in an all-cash deal worth about $8.9 billion.

Becton, Dickinson ( BDX ) shares were down more than 4% after it reported a fiscal Q3 revenue of $4.99 billion, up from $4.88 billion a year earlier but missing the $5.08 billion forecast from analysts polled by Capital IQ.