Sector Update: Health Care Stocks Decline Premarket Thursday

MT Newswires Live

01/08

Health care stocks were declining premarket Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.2% lower and the iShares Biotechnology ETF (IBB) down 0.5%.

Teleflex (TFX) shares were down more than 11% after the company cut its 2025 revenue forecast.

AbbVie (ABBV) stock was down more than 1% after the company lowered its outlook for Q4 and 2025 adjusted earnings per share.

Neogen (NEOG) shares were up more than 23% after the company raised its fiscal 2026 revenue outlook.

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