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Sector Update: Health Care Stocks Mixed Pre-Bell Monday
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Sector Update: Health Care Stocks Mixed Pre-Bell Monday
Jan 13, 2025 6:30 AM

09:07 AM EST, 01/13/2025 (MT Newswires) -- Health care stocks were mixed pre-bell Monday as the Health Care Select Sector SPDR Fund ( XLV ) was up 0.2% and the iShares Biotechnology ETF (IBB) declined by 0.4% recently.

Moderna ( MRNA ) shares fell by over 17% after the company said it now expects 2025 revenue to be between $1.5 billion and $2.5 billion, down from the previous range of $2.5 billion to $3.5 billion.

Intra-Cellular Therapies ( ITCI ) shares rallied by over 34% amid a deal for Johnson & Johnson ( JNJ ) to acquire the company for $132 per Intra-Cellular Therapies ( ITCI ) share in cash, for a total equity value of about $14.6 billion.

Option Care Health ( OPCH ) shares rose by over 14% after the company said it expects to report Q4 adjusted earnings per diluted share of $0.42 to $0.45 and up to a 20% increase in net revenue to between $1.34 billion and $1.35 billion.

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