Health Care Sector Update for 05/15/2019: IMGN, A, ACBI, JNJ, PFE, ABT, MRK, AMGN



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Top Health Care Stocks:

JNJ: Flat

PFE: +0.34%

ABT: Flat

MRK: Flat

AMGN: Flat

Leading health care stocks were flat to higher pre-market Wednesday.

Stocks moving on news include:

(-) ImmunoGen ( IMGN ), which was slumping more than 30% after the US Food and Drug Administration (FDA) recommended that the company conduct a new phase-three trial for mirvetuximab soravtansine in patients with high folate receptor alpha (FRa)-positive, platinum-resistant ovarian cancer.

(-) Agilent Technologies ( A ) was declining by more than 9% after it booked fiscal Q2 non-GAAP net income of $228 million, or $0.71 per share, improving year over year from $212 million, or $0.65 per share, but missing consensus estimates of $0.72 per share.

(-) Aurora Cannabis ( ACB ) was more than 4% lower after reporting a fiscal Q3 net loss of C$158.4 million, compared with the year-ago net loss of C$19.2 million.


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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