Health Care Sector Update for 06/12/2019: SYBX, CTRV, AXGT, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: +0.03%

PFE: -0.21%

ABT: Flat

MRK: Flat

AMGN: -0.05%

Health care giants were mixed pre-market Wednesday.

Early movers include:

(+) Synlogic ( SYBX ), which was surging more than 25% after it unveiled a platform collaboration with Ginkgo Bioworks that will aim to accelerate the expansion and development of Synlogic's pipeline of Synthetic Biotic medicines using Ginkgo's cell programming platform.

(-) ContraVir Pharmaceuticals ( CTRV ) was down 13% after saying in a Form S-1 filing that it is offering 2,857,142 Class A Units consisting of one share of common stock and one warrant to purchase one share of our common stock.

(+) Axovant ( AXGT ) was rallying by more than 9% as its net loss narrowed to $0.45 per share in Q4 from $1.88 per share a year earlier, a much smaller loss than analysts' estimates of $1.71 loss per share in a Capital IQ poll.

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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This article appears in: Investing , US Markets
Referenced Symbols: SYBX , CTRV , AXGT , JNJ , PFE

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