Sector Update: Health Care Stocks Lean Lower Premarket Thursday
MT Newswires Live
Feb 05
Health care stocks were leaning lower premarket Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) and iShares Biotechnology ETF (IBB) declining by 0.4%.
Bristol-Myers Squibb (BMY) was up more than 2% after the company reported Q4 non-GAAP earnings and revenue above analysts' consensus, and issued 2026 outlook above expectations.
Cardinal Health (CAH) shares were up more than 2% after the company reported higher fiscal Q2 adjusted earnings and revenue, and raised its 2026 outlook.
Cigna Group (CI) was more than 1% after the company posted higher Q4 adjusted income from operations and adjusted 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.