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Health Care Sector Update for 03/06/2018: MRNS

Health care stocks were sharply lower Tuesday, including a more than 0.8% decline for the NYSE Health Care Index in recent trading. Shares of health care companies in the S&P 500 were down nearly 0.5% as a group while the Nasdaq Biotechnology index was losing over 0.1%. Among health care stocks moving on news, Marinus Pharmaceuticals ( MRNS ) tumbled Tuesday, dropping almost 18% to a session low of $4.32 a share, after the specialty drug-maker reported an $0.80 per share FY17 net loss, improving on a net loss of $1.47 per share during the prior-year period but still missing the two-analyst consensus call expecting a $0.71 per share net loss last year.

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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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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