08:58 AM EDT, 03/12/2024 (MT Newswires) -- Health care stocks were gaining premarket Tuesday, with the Health Care Select Sector SPDR Fund (XLV) up 0.3% and the iShares Biotechnology ETF (IBB) advancing 0.6%.

Assure Holdings ( IONM ) was rallying past 67% after saying it signed an agreement to sell certain assets of its IONM business, including most of its health care facility contracts and clinical equipment, to MPOWERHealth for up to $4.5 million.