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Sector Update: Health Care
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Sector Update: Health Care
Apr 9, 2025 6:14 AM

08:52 AM EDT, 04/09/2025 (MT Newswires) -- Health care stocks fell premarket Wednesday as the Health Care Select Sector SPDR Fund (XLV) was down 2.7% and the iShares Biotechnology ETF (IBB) was 2.3% lower recently.

Neogen (NEOG) shares were down more than 18% after the company reported lower fiscal Q3 adjusted earnings and revenue. The company also cut its fiscal 2025 revenue outlook.

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