09:18 AM EDT, 10/07/2024 (MT Newswires) -- Health care stocks were steady premarket Monday with the Health Care Select Sector SPDR Fund ( XLV ) slightly lower and the iShares Biotechnology ETF ( IBB ) recently inactive.

Scholar Rock Holding ( SRRK ) shares surged past 230% after the company said a phase 3 trial for its investigational therapy apitegromab in patients with spinal muscular atrophy met its primary endpoint.

Hims & Hers Health ( HIMS ) will replace Vector Group ( VGR ) in the S&P SmallCap 600 index on Wednesday ahead of the market opening, S&P Dow Jones Indices said late Friday. Hims & Hers Health ( HIMS ) shares were up more than 5% premarket.

Pfizer ( PFE ) may become the target of a shareholder campaign led by Starboard Value, which has taken a $1 billion stake in the company, multiple news outlets reported. Pfizer ( PFE ) shares were over 3% higher pre-bell.