financetom
Business
financetom
/
Business
/
Sector Update: Health Care
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Health Care
Mar 22, 2024 10:55 AM

01:42 PM EDT, 03/22/2024 (MT Newswires) -- Health care stocks eased Friday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both down 0.2%.

The iShares Biotechnology ETF (IBB) fell 0.7%.

In corporate news, Auna (AUNA) shares debuted on the New York Stock Exchange at $9.51, below the initial public offering price of $12. The stock tumbled 19% in recent trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
China EV sales slow in January-February as competition intensifies
China EV sales slow in January-February as competition intensifies
Mar 7, 2024
BEIJING (Reuters) -China's pure electric vehicle sales slowed in January-February from the same period a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a deeper round of price cuts. Sales of battery-powered EVs rose 18.2%, cooling from 20.8% for all of 2023, showed data from the China Passenger Car Association. That partially mirrored...
Alibaba's Lingxi Games says management to step down to make way for younger execs
Alibaba's Lingxi Games says management to step down to make way for younger execs
Mar 7, 2024
HONG KONG, March 8 (Reuters) - Lingxi Games, Alibaba Group's ( BABA ) video games arm, has told staff its leadership team will step down to make way for younger management, according to an internal memo. Since last year, Alibaba ( BABA ) has focused on promoting younger people born after 1985 to management teams - a strategy it says...
UK's Jupiter weighs offloading $1 bln of funds as manager departs, FT reports
UK's Jupiter weighs offloading $1 bln of funds as manager departs, FT reports
Mar 7, 2024
March 8 (Reuters) - UK's Jupiter Asset Management is considering offloading 1 billion pounds ($1.28 billion) of its funds as one of its star managers prepares to leave the firm later this year, the Financial Times reported on Friday. David Lewis, a manager of Jupiter's Merlin portfolio said during an investor roadshow this week that the firm was considering pulling...
China Evergrande liquidators appoint legal advisers, sources say
China Evergrande liquidators appoint legal advisers, sources say
Mar 7, 2024
SYDNEY (Reuters) - China Evergrande's ( EGRNQ ) liquidators have hired three law firms to advise on the troubled property giant's winding-up process, according to sources with direct knowledge of the matter. Global firm Clifford Chance and Hong Kong firms Tanner De Witt and Karas So were mandated recently to provide legal advice on the liquidation, which has been under...
Copyright 2023-2026 - www.financetom.com All Rights Reserved