03:34 PM EDT, 09/13/2024 (MT Newswires) -- Health care stocks advanced late Friday afternoon with the NYSE Health Care Index up 0.1% and the Health Care Select Sector SPDR Fund (XLV) adding 0.2%.
The iShares Biotechnology ETF (IBB) climbed 1.4%.
In corporate news, 22nd Century ( XXII ) shares surged 23%. The company entered a stock sale agreement with certain institutional investors and high net worth individuals for the sale of 6.1 million shares to raise about $3.5 million.