US Markets

Health Care Sector Update for 04/16/2019: CRSP, VRTX, UNH, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks:

JNJ: +1.08%

PFE: +0.38%

ABT: +0.52%

MRK: +0.31%

AMGN: +0.47%

Top health care stocks were moving higher in pre-market trading Tuesday.

Early movers include:

(+) CRISPR Therapeutics (CRSP), which was advancing nearly 5% as the company and Vertex Pharmaceuticals (VRTX) said the US Food and Drug Administration (FDA) has granted Fast Track Designation for CTX001 to treat transfusion-dependent beta thalassemia (TDT), which are inherited blood disorders. Vertex Pharmaceuticals was unchanged amid the news.

(+) UnitedHealth Group (UNH) was more than 3% higher after saying its Q1 adjusted EPS rose to $3.73 from $3.04 a year ago, beating the $3.60 average estimate from analysts polled by Capital IQ.

(+) Johnson & Johnson (JNJ) was up more than 1% after reporting Q1 adjusted earnings of $2.10 per diluted share, up from $2.06 per share a year ago and above the $2.04 average estimate from analysts polled by Capital IQ.

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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CRSP VRTX UNH JNJ PFE

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