08:56 AM EDT, 08/22/2024 (MT Newswires) -- Health care stocks were steady premarket Thursday with the iShares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund (XLV) up a slight 0.1% recently.

Rafael Holdings ( RFL ) has agreed to merge with Cyclo Therapeutics ( CYTH ) , the companies said. Shares of Cyclo Therapeutics ( CYTH ) were down more than 16% pre-bell.