04:09 PM EST, 03/04/2024 (MT Newswires) -- Health care stocks were mixed late Monday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.2%.

The iShares Biotechnology ETF (IBB) fell 0.9%.

In corporate news, QuidelOrtho ( QDEL ) shares were down about 2.6% at close after UBS downgraded the stock to sell from neutral and cut its price target to $42 from $70.