Sector Update: Healthcare Stocks Mixed Premarket Thursday

Fidelity
2026.05.14 13:14
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Healthcare stocks showed mixed performance in premarket trading on Thursday. The State Street Health Care Select Sector SPDR ETF (XLV) rose by 0.2%, while the iShares Biotechnology ETF (IBB) fell by 0.1%. Aveanna Healthcare (AVAH) surged over 9% after reporting increased fiscal Q1 earnings and raising its 2026 revenue guidance. Biogen (BIIB) shares increased by more than 1% despite a phase 2 study not meeting its primary endpoint. MeiraGTx (MGTX) saw a 1% decline following a wider Q1 adjusted loss and falling revenue.