Sector Update: Health Care Stocks Higher Premarket Thursday

Last Updated: Thursday, January 27, 2022 9:19 AM | MT Newswires

Health care stocks were edging up premarket Thursday. The Health Care Select Sector SPDR (XLV) was 0.38% higher while the iShares Biotechnology ETF (IBB) 0.3% higher.

HCA Healthcare (HCA) reported Q4 adjusted earnings of $4.42 per diluted share, up from $4.13 per diluted share a year earlier. Analysts surveyed by Capital IQ expected adjusted EPS of $4.52. HCA was declining more than 6% recently.

Cigna (CI) was in preliminary talks to potentially acquire fellow health insurance company Centene (CNC) late last year, but nothing serious materialized, Bloomberg News reported, citing people familiar with the matter. Centene shares were climbing past 1% recently.

Atara Biotherapeutics (ATRA) said it has agreed to sell its T-Cell Operations and Manufacturing facility in Thousand Oaks, California, for $100 million upfront while retaining current manufacturing and quality staff at the site. Atara Biotherapeutics shares were recently up more than 6%.

Share this article:

Related Companies

You May Also Like

Related Articles

Sector Update: Consumer Stocks Gain on Friday

Sector Update: Health Care Stocks End Higher

Sector Update: Tech Stocks Lead Markets Recovery This Week

Sector Update: Health Care

Related Companies