03:35 PM EDT, 05/01/2024 (MT Newswires) -- Health care stocks advanced late Wednesday afternoon with the NYSE Health Care Index rising 0.9% and the Health Care Select Sector SPDR Fund (XLV) gaining 0.7%.

The iShares Biotechnology ETF (IBB) climbed 2.8%.

In corporate news, CVRx ( CVRX ) shares plunged 37%, a day after the company reported Q1 revenue that missed estimates by analysts.