---
title: "Sector Update: Health Care Stocks Advance Tuesday Afternoon"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285248248.md"
description: "Health care stocks saw a rise on Tuesday, with the NYSE Health Care Index and the State Street Health Care Select Sector SPDR ETF both up 0.3%. Pfizer reported Q1 results exceeding estimates, but its shares fell 0.7%. Merck's shares increased by 0.4% following its acquisition of Terns Pharmaceuticals. In contrast, BioNTech's shares dropped 3.5% due to a wider adjusted loss and lower revenue in Q1."
datetime: "2026-05-05T17:56:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285248248.md)
  - [en](https://longbridge.com/en/news/285248248.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285248248.md)
---

# Sector Update: Health Care Stocks Advance Tuesday Afternoon

01:56 PM EDT, 05/05/2026 (MT Newswires) -- Health care stocks rose Tuesday afternoon, with the NYSE Health Care Index and the State Street Health Care Select Sector SPDR ETF (XLV) increasing 0.3% each.

The iShares Biotechnology ETF (IBB) was shedding 0.4%.

In corporate news, Pfizer's ( PFE ) Q1 results surpassed analysts' estimates as robust demand across its key brands offset weakening sales of its COVID-19 products. Its shares declined 0.7%.

Merck ( MRK ) shares added 0.4% after the company said Tuesday it has completed the acquisition of Terns Pharmaceuticals after a cash tender offer at $53 per share. Terns' stock will no longer be listed on Nasdaq, it said.

BioNTech (BNTX) shares dropped 3.5% after the company reported a wider adjusted loss and lower revenue in Q1.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [PFE.US](https://longbridge.com/en/quote/PFE.US.md)
- [MRK.US](https://longbridge.com/en/quote/MRK.US.md)
- [BNTX.US](https://longbridge.com/en/quote/BNTX.US.md)
- [IYH.US](https://longbridge.com/en/quote/IYH.US.md)
- [IHF.US](https://longbridge.com/en/quote/IHF.US.md)
- [IDNA.US](https://longbridge.com/en/quote/IDNA.US.md)
- [XBI.US](https://longbridge.com/en/quote/XBI.US.md)
- [IBBQ.US](https://longbridge.com/en/quote/IBBQ.US.md)
- [XHS.US](https://longbridge.com/en/quote/XHS.US.md)
- [SBIO.US](https://longbridge.com/en/quote/SBIO.US.md)
- [LABU.US](https://longbridge.com/en/quote/LABU.US.md)
- [FBT.US](https://longbridge.com/en/quote/FBT.US.md)
- [IHI.US](https://longbridge.com/en/quote/IHI.US.md)
- [BBH.US](https://longbridge.com/en/quote/BBH.US.md)
- [XLV.US](https://longbridge.com/en/quote/XLV.US.md)
- [BIB.US](https://longbridge.com/en/quote/BIB.US.md)
- [VHT.US](https://longbridge.com/en/quote/VHT.US.md)
- [PBE.US](https://longbridge.com/en/quote/PBE.US.md)
- [IXJ.US](https://longbridge.com/en/quote/IXJ.US.md)
- [IBB.US](https://longbridge.com/en/quote/IBB.US.md)
- [TERN.US](https://longbridge.com/en/quote/TERN.US.md)

## Related News & Research

- [Pfizer Inc. $PFE Stock Holdings Boosted by Canada Post Corp Registered Pension Plan](https://longbridge.com/en/news/286666435.md)
- [LifeSci Capital Sticks to Their Buy Rating for Tenax Therapeutics (TENX)](https://longbridge.com/en/news/286648286.md)
- [Pfizer Advances Pivotal Pediatric Pneumococcal Vaccine Program Following Strong Positive Phase 2 Results | PFE Stock News](https://longbridge.com/en/news/287035698.md)
- [UnitedHealth Group Incorporated $UNH Holdings Boosted by GSA Capital Partners LLP](https://longbridge.com/en/news/286878927.md)
- [Pfizer Inc. $PFE Shares Acquired by Marble Harbor Investment Counsel LLC](https://longbridge.com/en/news/287041763.md)