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Sector Update: Health Care
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Sector Update: Health Care
May 21, 2024 2:48 PM

03:33 PM EDT, 05/21/2024 (MT Newswires) -- Health care stocks rose late Tuesday afternoon, with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) increasing 0.1%.

The iShares Biotechnology ETF (IBB) fell 0.7%.

In corporate news, Mangoceuticals ( MGRX ) said it is developing proprietary oral formulations of semaglutide and tirzepatide to help with weight management. The shares almost doubled.

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