Sector Update: Health Care Stocks Flat to Higher Premarket Thursday

MT Newswires Live

Mar 27

Health care stocks were flat to higher premarket Thursday, with The Health Care Select Sector SPDR Fund (XLV) up 0.2% and the iShares Biotechnology ETF (IBB) inactive.

Soleno Therapeutics (SLNO) shares were up 35% after the company said overnight that the US Food and Drug Administration has approved its treatment for hyperphagia in adults and children with Prader-Willi Syndrome, a rare genetic disorder.

Bausch + Lomb (BLCO) stock was more than 4% lower after the company said it is voluntarily recalling the intraocular lenses on its enVista platform after reports of complications.

Ascentage Pharma Group (AAPG) shares were up over 10% after the company reported a narrower 2024 loss as revenue rose during the period.

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