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Sector Update: Health Care
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Sector Update: Health Care
Oct 18, 2024 6:12 AM

08:54 AM EDT, 10/18/2024 (MT Newswires) -- Health care stocks were steady pre-bell Friday as the iShares Biotechnology ETF (IBB) was inactive and the Health Care Select Sector SPDR Fund (XLV) was slightly lower recently.

CVS Health ( CVS ) shares fell by over 9% 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.

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