08:47 AM EDT, 09/11/2024 (MT Newswires) -- Health care stocks were mixed premarket Wednesday as the iShares Biotechnology ETF (IBB) was 0.1% higher and the Health Care Select Sector SPDR Fund (XLV) fell by 0.4% recently.

Relay Therapeutics ( RLAY ) shares declined by25% after the company priced an underwritten public offering of about 28.6 million common shares at $7 per share for gross proceeds of about $200 million.