Sector Update: Healthcare Shares Mixed; Halozyme Surges 10% on Q3 Results


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Healthcare stocks:

JNJ: -0.10%

PFE: -0.23%

ABT: flat

MRK: +0.15%

AMGN: flat

Healthcares shares are mixed in pre-market trade.

Healthcare stocks with news this morning include Sequenom ( SQNM ), which has reported sales of $44 million, topping the Street's $40.56 million estimate. It reports adjusted net loss of $0.19 per share, topping estimates for $0.22.

And, Halozyme ( HALO ) shares are up about 10% this morning as it says Q3 sales were $16 million, compared with Capital IQ estimates for $15.8 million.

Net loss was $0.17 per share, worse than forecasts for a $0.15 loss.

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) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Commodities
More Headlines for: HALO , SQNM

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