Markets

Health Care Sector Update for 02/09/2016: AGTC, BCRX

Top Health-care stocks:

JNJ: -0.3%

PFE: -0.2%

ABT: -1.2%

MRK: -0.2%

AMGN: -0.5%

Health-care shares were lower in early afternoon trade on Tuesday.

In health-care stocks news, Applied Genetic Technologies ( AGTC ) said late Monday it swung to an unexpected Q2 profit on sharply higher revenues that just topped consensus forecasts.

Shares in the company were, nevertheless, 4.9% lower at $12.46 in recent trade. The company has traded between $10.89 and $24.91 over the past 52 weeks.

And BioCryst Pharmaceuticals ( BCRX ) jumped after FBR Capital reiterated the stock at outperform, while lowering its price target to $6 from $18.

Shares in the company were 8.2% higher at $1.92 in recent trade. The company has traded between $1.76 and $16.83 over the past 52 weeks.

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.


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

In This Story

AGTC BCRX

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More