09:11 AM EDT, 07/31/2024 (MT Newswires) -- Health care stocks were flat to lower premarket Wednesday as the iShares Biotechnology ETF ( IBB ) was inactive and the Health Care Select Sector SPDR Fund ( XLV ) was down 0.2% recently.

Humana (HUM) shares were over 6% lower after it reported Q2 adjusted earnings of $6.96 per diluted share, down from $8.94 a year earlier.

GE HealthCare Technologies ( GEHC ) shares were down over 2% after it lowered its organic growth forecast to between 1% and 2% from 4% previously.

Takeda Pharmaceutical ( TAK ) shares were up more than 1% after it reported higher fiscal Q1 earnings and revenue.