03:40 PM EDT, 05/02/2024 (MT Newswires) -- Health care stocks were easing late Thursday afternoon, with the NYSE Health Care Index down 0.4% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.9%.

In corporate news, Emergent Biosolutions ( EBS ) shares surged more than 65% in recent Thursday trading, a day after the company reported swing to Q1 adjusted profit and higher revenue from a year earlier.