08:51 AM EDT, 10/17/2024 (MT Newswires) -- Health care stocks were flat to lower pre-bell Thursday as the iShares Biotechnology ETF (IBB) was inactive and the Health Care Select Sector SPDR Fund (XLV) was down 0.2% recently.

Elevance Health ( ELV ) shares fell past 12% after the company reported Q3 adjusted earnings of $8.37 per diluted share, down from $8.99 a year earlier. The company also lowered its 2024 adjusted EPS outlook.