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Sector Update: Health Care
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Sector Update: Health Care
May 13, 2024 11:06 AM

01:33 PM EDT, 05/13/2024 (MT Newswires) -- Health care stocks were mixed Monday afternoon, with the NYSE Health Care Index adding 0.1% and the Health Care Select Sector SPDR Fund (XLV) down 0.2%.

The iShares Biotechnology ETF (IBB) rose 0.7%.

In corporate news, Fortrea ( FTRE ) lowered its full-year revenue outlook on Monday as the clinical development and patient access solution provider's Q1 financial results missed market expectations. Its shares tumbled 16%.

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