Sector Update: Healthcare Stocks Mixed Premarket Friday
Healthcare stocks were mixed premarket Friday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.1% lower and the iShares Biotechnology ETF (IBB) up 1.2%.ANI Pharmaceuticals (ANIP) shares were down nearly 7% even after the company posted higher Q2 adjusted earnings and net revenue.National HealthCare (NHC) stock was up more than 2% after the company reported higher Q2 non-GAAP earnings and net operating revenue.Neurocrine Biosciences (NBIX) shares were up more than 1% after the company said it has started a phase 1 first-in-human trial of NBIP-1968, an experimental drug for obesity.