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
Nov 19, 2024 9:10 PM

01:40 PM EST, 11/18/2024 (MT Newswires) -- Health care stocks were mixed Monday afternoon, with the NYSE Health Care Index easing 0.1% and the Health Care Select Sector SPDR Fund (XLV) fractionally higher.

The iShares Biotechnology ETF (IBB) shed 0.5%.

In corporate news, CareMax ( CMAX ) agreed to sell some of its assets as part of the healthcare provider's prearranged bankruptcy protection plan. Its shares plunged nearly 47%.

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 >
Synovus beats Q2 revenue, earnings estimates; raises 2025 guidance
Synovus beats Q2 revenue, earnings estimates; raises 2025 guidance
Jul 16, 2025
Overview * Synovus Q2 revenue beats analyst expectations, per LSEG data * Adjusted EPS rises 28%, exceeding analysts' estimates, per LSEG data * Co raises full-year 2025 earnings guidance, citing strategic confidence Outlook * Synovus raises full-year 2025 earnings guidance, without giving specific details Result Drivers * LOAN GROWTH - Funded loan production surged 60% year-over-year, driving 8% annualized loan...
Nabors Energy Transition II Gets Shareholder Approval for Deadline Extension to Complete Merger
Nabors Energy Transition II Gets Shareholder Approval for Deadline Extension to Complete Merger
Jul 16, 2025
05:12 PM EDT, 07/16/2025 (MT Newswires) -- Nabors Energy Transition II (NETD) said Wednesday its shareholders have approved an extension of the date by which it has to consummate its planned merger with e2Companies. The move allows the company's board to extend the date up to 12 times from July 18, for an additional one month each time to July...
BRC Launches Underwritten Public Offering
BRC Launches Underwritten Public Offering
Jul 16, 2025
05:13 PM EDT, 07/16/2025 (MT Newswires) -- BRC (BRCC) said late Wednesday it has launched an underwritten public offering of class A common stock. The beverage company plans to offer the underwriter a 30-day overallotment option to buy up to an additional 15% of shares sold in the public offering. The proposed offering depends on market and other factors, and...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved