Sector Update: Health Care Stocks Decline Premarket Thursday

MT Newswires Live
02-27

Health care stocks declined premarket Thursday as the Health Care Select Sector SPDR Fund (XLV) was 0.2% lower and the iShares Biotechnology ETF (IBB) was down 0.8% recently.

Viatris (VTRS) shares fell past 14% after the company reported lower Q4 adjusted earnings and revenue. The company also issued 2025 outlook below analysts' expectations.

Lifestance Health Group (LFST) shares advanced by over 9% after the company reported a narrowed Q4 net loss as revenue increased during the period.

BeiGene (ONC) shares were up over 4% after the company reported a narrowed Q4 net loss as revenue surged during the period.

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