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Sector Update: Health Care Stocks Lean Lower Premarket Monday
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Sector Update: Health Care Stocks Lean Lower Premarket Monday
Feb 3, 2025 6:39 AM

09:08 AM EST, 02/03/2025 (MT Newswires) -- Health care stocks leaned lower premarket Monday as the Health Care Select Sector SPDR Fund ( XLV ) was down 0.5% and the iShares Biotechnology ETF (IBB) declined by 1.6% recently.

Owens & Minor ( OMI ) shares fell past 1% after the company said it expects to record a Q4 non-cash goodwill impairment charge in its Apria division of about $310 million, or around a $4 net loss per share. The company also reported preliminary Q4 revenue that missed market expectations.

Becton Dickinson ( BDX ) is considering a potential separation of its life sciences division, according to media reports. Becton Dickinson ( BDX ) shares were up over 0.5% pre-bell.

GH Research ( GHRS ) shares rose past 89% after the company said a phase 2b clinical trial of GH001 for patients with treatment-resistant depression met its primary endpoint.

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