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Sector Update: Health Care
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Sector Update: Health Care
Apr 19, 2024 6:18 AM

08:53 AM EDT, 04/19/2024 (MT Newswires) -- Health care stocks were flat to lower pre-bell Friday as the Health Care Select Sector SPDR Fund (XLV) was inactive and the iShares Biotechnology ETF (IBB) was recently down 0.2%.

Sanofi ( SNY ) is reportedly planning to restructure its commercial operations for vaccines in the US. An undisclosed number of jobs will likely be lost as the company plans to implement a "streamlined strategic sales structure," a report from Endpoints News said. Sanofi ( SNY ) was up more than 1% pre-bell.

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