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Sector Update: Health Care
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Sector Update: Health Care
Feb 3, 2025 6:19 AM

08:46 AM EST, 02/03/2025 (MT Newswires) -- Health care stocks leaned lower premarket Monday as the Health Care Select Sector SPDR Fund (XLV) was down 0.5% and the iShares Biotechnology ETF (IBB) declined by 1.6% recently.

Owens & Minor ( OMI ) shares fell past 1% after the company said it expects to record a Q4 non-cash goodwill impairment charge in its Apria division of about $310 million, or around a $4 net loss per share. The company also reported preliminary Q4 revenue that fell short of market expectations.

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