02:04 PM EDT, 08/29/2024 (MT Newswires) -- Health care stocks rose Thursday afternoon with the NYSE Health Care Index gaining 0.5% and the Health Care Select Sector SPDR Fund (XLV) adding 0.6%.

The iShares Biotechnology ETF (IBB) advanced 1.4%.

In corporate news, Cooper (COO) shares jumped 12% after the company reported higher fiscal Q3 non-GAAP earnings and revenue.

Grifols ( GRFS ) shares surged 4.6%. Brookfield Asset Management ( BAM ) is courting multiple investment funds to join its effort to acquire the Spanish blood-plasma company, Bloomberg reported. Brookfield gained 0.7%.

Adaptive Biotechnologies ( ADPT ) said its clonoSEQ minimal residual disease test in lymphoid malignancies got In Vitro Diagnostics Regulation class C certification in the EU. The shares gained 6.4%.