Sector Update: Health Care Stocks Mixed Premarket Monday

MT Newswires Live11-04 22:08

Health care stocks were mixed premarket Monday as the iShares Biotechnology ETF (IBB) was 0.1% higher and the Health Care Select Sector SPDR Fund (XLV) was down 0.1% recently.

Zoetis (ZTS) shares advanced by over 5% after the company reported higher Q3 adjusted earnings and revenue. The company also raised its full-year outlook for adjusted earnings per share and revenue.

BioNTech (BNTX) shares were up more than 2% after the company reported higher Q3 earnings and revenue.

TG Therapeutics (TGTX) shares fell by over 14% after the company reported lower Q3 earnings and revenue. The company also cut its 2024 guidance for Briumvi US net product revenue.

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