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Sector Update: Health Care

05/10/2021 05:00

08:47 AM EDT, 05/10/2021 (MT Newswires) -- Health care stocks were trading higher premarket Monday. The Health Care SPDR (XLV) was advancing by 0.19% and the iShares NASDAQ Biotechnology Index (IBB) was recently climbing by 0.1%.

BioNTech (BNTX) was rallying past 8% after saying it swung to a Q1 profit of 4.39 euros ($5.34) per share from a loss of 0.24 euros per share a year earlier. Analysts polled by Capital IQ projected EPS of 3.09 euros.