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

Sector Update: Healthcare Stocks Lean Lower Premarket Monday

MT newswireMT newswire2026/09/28 13:19
09:19 AM EDT, 09/28/2026 (MT Newswires) -- Healthcare stocks were leaning lower premarket Monday, with the iShares Biotechnology ETF (IBB) declining by 0.6% and the State Street Health Care Select Sector SPDR ETF (XLV) down 0.1%. Kodiak Sciences (KOD) stock was up more than 90% after the company said its two experimental eye drugs, Zenkuda and tabirafusp-ted, met the primary endpoints in a phase 3 study in patients with wet age-related macular degeneration. Inventiva (IVA) shares were down more than 2% after the company reported a narrower H1 net loss, while revenue fell during the period. Tandem Diabetes Care (TNDM) said its Mobi automated insulin delivery system is now available in 12 countries outside the US, including the UK, Germany, Italy, Spain and Switzerland. Shares of Tandem Diabetes Care were down more than 1% pre-bell.
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

South Korean stocks dropped over 1%

格隆汇•2026/09/29 04:07

"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage

Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.

华尔街见闻•2026/09/29 04:01