Health Care Sector Update for 07/11/2019: SNSS, EYEN, BHVN, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: -0.01%

PFE: -1.72%

ABT: -0.14%

MRK: -1.23%

AMGN: -0.42%

Health care heavyweights were mostly lower in Thursday's pre-bell trading.

Stocks moving on news include:

(-) Sunesis Pharmaceuticals ( SNSS ), which was plunging more than 16% after it priced an underwritten public offering of 33.3 million shares of common stock and 8,333 shares of non-voting series F convertible preferred stock at $0.60 and $600 per share, respectively, for total expected gross proceeds of $25 million.

(-) Eyenovia ( EYEN ) was down more than 9% after unveiling plans to sell its shares in an underwritten public offering to help fund its MicroProst and MicroPine clinical studies, with Oppenheimer as book-runner.

(+) Biohaven Pharmaceutical ( BHVN ) was rising more than 3% even after saying its phase 3 pivotal trial of rimegepant for the acute treatment of migraine have shown positive results. The data were published in the New England Journal of Medicine.

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: SNSS , EYEN , BHVN , JNJ , PFE

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