Health Care Sector Update for 09/12/2019: MNK, TTOO



Shutterstock photo

Top Health Care Stocks:

JNJ: +0.02%

PFE: +0.24%

ABT: Flat

MRK: +0.69%

AMGN: Flat

Health care giants were mixed pre-bell Thursday.

Early movers include:

(+) Mallinckrodt ( MNK ), which is edging higher despite slumping Wednesday after S&P Global Ratings slashed its rating on the company to CCC from B+ due to heightened risk of a distressed exchange over the next year, prior to any large settlement of opioid claims, and with negative outlook.

(-) T2 Biosystems ( TTOO ), which was over 4% lower pre-bell despite Janney lifting the company’s rating from buy from neutral, and changing the company’s fair value estimate to $6 from $2 on HHS grant and a new credit agreement.


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


Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


















Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.

Wealth Empire Newsletter
Register now for free updates and alerts

Subscribe By

Note: I have the ability to revoke this permission at any time and ask for the removal of my personal data collected by contacting us or simply clicking Unsubscribe.