Sector Update: Health Care Stocks Rise Premarket Friday

MT Newswires Live

May 02, 2025

Health care stocks gained premarket Friday as the iShares Biotechnology ETF (IBB) rose by 0.8% and the Health Care Select Sector SPDR Fund (XLV) was recently up 1.5%.

BrightSpring Health Services (BTSG) shares rose past 8% after the company reported higher Q1 adjusted earnings and revenue and raised its 2025 revenue outlook.

Cigna Group (CI) shares were up over 2% after the company reported higher Q1 adjusted income from operations and revenue. The company also raised its 2025 guidance for adjusted income per share.

Genmab (GMAB) shares were over 3% higher after the company said it plans to submit a supplemental biologics license application in H1 to the US Food and Drug Administration for epcoritamab in combination with rituximab and lenalidomide for patients with relapsed or refractory follicular lymphoma.

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The company also raised its 2025 guidance for adjusted income per share.</p><p>Genmab (GMAB) shares were over 3% higher after the company said it plans to submit a supplemental biologics license application in H1 to the US Food and Drug Administration for epcoritamab in combination with rituximab and lenalidomide for patients with relapsed or refractory follicular lymphoma.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0289739699.SGD","symbol_name":"AB INTERNATIONAL HEALTH CARE PORTFOLIO \"A\" (SGD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2532783849","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532783849","pubTimestamp":1746191993,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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