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Sector Update: Health Care Stocks Mixed Premarket Thursday
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Sector Update: Health Care Stocks Mixed Premarket Thursday
May 2, 2024 6:51 AM

09:15 AM EDT, 05/02/2024 (MT Newswires) -- Health care stocks were mixed premarket Thursday as the iShares Biotechnology ETF ( IBB ) was inactive and the Health Care Select Sector SPDR Fund ( XLV ) was up 0.4% recently.

Becton, Dickinson ( BDX ) advanced by nearly 4% after it reported higher fiscal Q2 adjusted earnings and revenue. The company also raised its full-year adjusted EPS outlook.

Regeneron Pharmaceuticals ( REGN ) was down more than 1% after it reported lower Q1 non-GAAP net income and revenue.

Cigna ( CI ) was 0.9% lower even after it reported higher Q1 adjusted earnings and revenue.

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