09:12 AM EDT, 10/18/2024 (MT Newswires) -- Health care stocks were steady pre-bell Friday as the iShares Biotechnology ETF (IBB) and Health Care Select Sector SPDR Fund ( XLV ) were inactive recently.

CVS Health ( CVS ) shares fell by over 7% after the company said it expects Q3 adjusted earnings per share of $1.05 to $1.10, including charges to record premium deficiency reserves of around $1.1 billion that lowered its Q3 adjusted EPS by $0.63.

Orgenesis ( ORGS ) shares tumbled by over 33% after the company said in a regulatory filing that Nasdaq decided to delist the company's shares as it was not in compliance with listing requirements and trading will be suspended on Monday.

Bright Minds Biosciences ( DRUG ) shares surged past 64% after the company launched a private placement of common shares at a price of $21.70 per share.