News – USA – Sector Update: Healthcare stocks trade ahead of market Monday

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Healthcare stocks traded ahead of the market on the Monday, the Health Care SPDR (XLV) declined 0.17% and the iShares NASDAQ Biotechnology Index (IBB) recently slipped 0.150%

Viatris Inc (VTRS) declined more than 10% after forecasting net loss of $ 100-300 million and revenue of $ 17 billion to $ 17 billion for full-year 2021 Analysts surveyed by Capital IQ projected revenue of $ 17 billion $ 1842 billion for the year

Otonomy (OTIC) decreased more than 50% after the company said the Phase 3 clinical trial of Otividex in patients with Meniere’s disease had failed to meet its primary endpoint

Celsion (CLSN) rose over 77% after the company said the US Food and Drug Administration approved GEN-1, the biotech company’s immunotherapy for the treatment of ovarian cancer, “fast-track” / p>

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Healthcare, Stocks, Nasdaq, NASDAQ: CLSN, NASDAQ: IBB, NYSEARCA: XLV

News – US – Sector Update: Healthcare stocks trade ahead of market Monday
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Sector Update: Trading Stocks Healthcare’s Low Premarket Monday

Source: https://www.investorsobserver.com/news/mtnewswire/sector-update-health-care-stocks-trade-lower-premarket-monday-2