01:35 PM EDT, 04/10/2024 (MT Newswires) -- Health care stocks fell Wednesday afternoon with the NYSE Health Care Index dropping 1.2% and the Health Care Select Sector SPDR Fund (XLV) down 1.3%.

The iShares Biotechnology ETF (IBB) slumped 2.2%.

In corporate news, Mobile-health Network (MNDR) shares jumped in their debut Wednesday on the Nasdaq after the company priced its initial public offering of 2.25 million class A shares at $4 apiece. The stock surged 82% in recent trading.