Sector Update: Health Care Stocks Rise Premarket Thursday
MT Newswires Live
Apr 30
Health care stocks were rising premarket Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) 1% higher and the iShares Biotechnology ETF (IBB) up 0.6%.
Eli Lilly (LLY) shares were up more than 5% after the company reported higher Q1 non-GAAP earnings and revenue, and raised its 2026 outlook.
Merck (MRK) stock was down more than 1% after the company said it swung to a Q1 adjusted loss.
Alnylam Pharmaceuticals (ALNY) shares were up more than 2% after the company posted higher Q1 adjusted net income and revenue.
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