Sector Update: Health Care Stocks Mixed Pre-Bell Tuesday

MT Newswires Live
29 Oct 2024

Health care stocks were mixed pre-bell Tuesday with the iShares Biotechnology ETF (IBB) down 0.3% and the Health Care Select Sector SPDR Fund (XLV) recently up 0.1%.

Tenet Healthcare (THC) shares advanced by more than 5% after the company reported higher Q3 adjusted earnings and net operating revenue. The company also raised its full-year estimate for adjusted earnings per share.

Incyte (INCY) shares were nearly 2% higher after the company reported a Q3 revenue of $1.14 billion, up from $919 million a year earlier.

Pfizer (PFE) shares were up 1.1% after the company reported that it swung to Q3 adjusted earnings as revenue increased during the period. The company also raised its full-year outlook for adjusted earnings per share and revenue.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10