Sector Update: Health Care Stocks Mixed Premarket Monday

MT Newswires Live11-18

Health care stocks were mixed premarket Monday with the iShares Biotechnology ETF (IBB) 0.2% higher and the Health Care Select Sector SPDR Fund (XLV) down 0.2% recently.

Twist Bioscience (TWST) shares advanced by over 13% after the company reported a narrowed fiscal Q4 loss as revenue increased during the period.

Shares of Regenxbio (RGNX) rose by over 22% after the company reported new, positive data from the phase I/II portion of a study evaluating RGX-202 gene therapy for Duchenne muscular dystrophy.

Cybin (CYBN) shares were almost 13% higher after the company said data from a phase 2 study show that CYB003, a potential adjunctive treatment for major depressive disorder, offers "sustained relief" through one year.

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