Top Health Care Stocks
JNJ, +0.2%
PFE, -0.3%
MRK, -0.1%
ABT, +0.5%
AMGN, -1.7%
Health care stocks mostly edged higher in late trade, including a more than 0.1% increase for the NYSE Health Care Index. Also, shares of health care companies in the S&P 500 were up 0.4% as a group while the Nasdaq Biotechnology index was rising more than 0.1% today.
Among health care stocks moving on news:
Medifast ( MED ) rose more than 30% after it reported late Tuesday Q4 results that topped analysts' estimates and issued guidance for Q1 and fiscal year 2018 above Street forecasts
In other sector news,
(+) BioTime ( BTX ) rose 1.5% after it said the independent Data Safety Monitoring Board (DSMB) has approved the initiation of the fourth cohort for the ongoing OpRegen clinical trial.
(-) Sellas Life Sciences ( SLS ) fell 16% after it said it entered into a definitive securities purchase agreement to issue shares of its convertible preferred stock and warrants to purchase shares of its common stock in a private placement transaction to a select group of institutional investors.
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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.
