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Sector Update: Health Care Stocks Lower to Flat Premarket Thursday
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Sector Update: Health Care Stocks Lower to Flat Premarket Thursday
Nov 3, 2024 3:41 PM

09:12 AM EDT, 10/31/2024 (MT Newswires) -- Health care stocks were lower to flat premarket Thursday as the iShares Biotechnology ETF (IBB) was unchanged and the Health Care Select Sector SPDR Fund ( XLV ) was recently down 0.2%.

Bristol-Myers Squibb ( BMY ) shares were up over 2% after the company raised its full-year non-GAAP earnings per share forecast.

Cigna Group ( CI ) shares rose 8% after the company reported higher Q3 adjusted earnings and revenue.

IQVIA Holdings ( IQV ) shares were down more than 7% after the company cut its 2024 outlook for revenue and lowered the upper end of its adjusted earnings per share forecast.

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