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Sector Update: Healthcare Stocks Mixed Premarket Friday

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Healthcare stocks were mixed pre-bell Friday, with the State Street Health Care Select Sector SPDR ETF (XLV) slightly advancing and iShares Biotechnology ETF (IBB) down 0.2%.

Alumis (ALMS) stock was down more than 10% after the company reported that its Q1 revenue slumped to $1.7 million from $17.4 million a year earlier.

ARS Pharmaceuticals (SPRY) shares were down more than 20% after the company posted a wider Q1 net loss.

Aardvark Therapeutics (AARD) stock was down more than 33% after the company said the US Food and Drug Administration placed a full clinical hold on its investigational new drug application for ARD-101 to treat hyperphagia associated with Prader-Willi Syndrome.

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Sector Update: Consumer Stocks Mixed Pre-Bell Friday

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Sector Update: Energy

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Sector Update: Tech Stocks Fall Premarket Friday

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