Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Sector Update: Healthcare Stocks Mixed Premarket Monday

Sector Update: Healthcare Stocks Mixed Premarket Monday

MT newswireMT newswire2026/10/26 13:19
09:19 AM EDT, 10/26/2026 (MT Newswires) -- Healthcare stocks were mixed premarket Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.1% higher and the iShares Biotechnology ETF (IBB) down 0.2%. Surgery Partners (SGRY) has reached a definitive agreement to be acquired by HealthSpan Partners in an all-cash deal valued at an enterprise value of about $5.7 billion, the companies said Monday. Shares of Surgery Partners were up more than 23% pre-bell. Xencor (XNCR) shares were up more than 29% after the company said its experimental cancer drug XmAb819 demonstrated a 45.5% confirmed objective response rate in a phase 1 study of patients with advanced clear cell renal cell carcinoma. BioNTech (BNTX) and DualityBiologics' phase 3 trial of trastuzumab pamirtecan in metastatic breast cancer achieved its primary endpoint of demonstrating a statistically significant improvement in progression-free survival, but with severe and fatal events, the companies said. BioNTech stock was down more than 2% premarket.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Investors reportedly offering Anthropic allocation shares at premiums of up to 5% ahead of its IPO

According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.

华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01
Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.