Sector Update: Health Care Stocks Advance Premarket Monday

MT Newswires Live
03 Mar

Health care stocks advanced premarket Monday with the Health Care Select Sector SPDR Fund (XLV) 0.3% higher and the iShares Biotechnology ETF (IBB) recently up 0.2%.

Fortrea Holdings (FTRE) shares fell past 16% after the company reported Q4 adjusted earnings and revenue that missed analysts' expectations. The company also issued 2025 revenue guidance below analysts' estimates.

Surgery Partners (SGRY) shares were up nearly 3% after the company reported Q4 adjusted net income and revenue that topped analysts' expectations.

TG Therapeutics (TGTX) shares were up 0.8% after the company reported a swing to Q4 net income as revenue increased during the period.

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