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Sector Update: Health Care
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Sector Update: Health Care
Apr 26, 2024 11:03 AM

01:32 PM EDT, 04/26/2024 (MT Newswires) -- Health care stocks were higher Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.2%.

The iShares Biotechnology ETF (IBB) rose 1%.

In corporate news, ResMed ( RMD ) shares surged almost 19% after the company reported fiscal Q3 non-GAAP earnings of $2.13 per diluted share, up from $1.68 a year earlier. Analysts surveyed by Capital IQ expected $1.91.

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