Health Care Sector Update for 02/05/2019: OPGN, CNC, GILD, JNJ, PFE, ABT, MRK, AMGN



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Top Health Care Stocks

JNJ: + 0.16%

PFE: +0.14%

ABT: + 0.26%

MRK: +0.74%

AMGN: +0.67%

Health care stocks were mixed in early trading Tuesday.

Early movers include:

(+) OpGen ( OPGN ) jumped 9% in early trading after announcing it completed the clinical trials needed to support its 510(k) submission to the US Food and Drug Administration for clearance of its Acuitas AMR Gene Panel u5.47 product.

(+) Centene ( CNC ) was up 5.75% after topping Q4 2018 forecasts and reporting increased 2019 guidance. The health plan administrator, reported Q4 adjusted earnings of $1.38 per share, up from $0.97 in the same period a year ago, and total revenue of $16.56 billion. up from $12.81 billion in the same period a year ago.

(+) Gilead Sciences ( GILD ) rose 0.2% after reporting Q4 adjusted earnings that missed but revenue that beat Wall Street expectations. Q4 revenue decreased to $5.80 billion, from $5.95 billion, but beat the analyst consensus of $5.52 billion.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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