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Sector Update: Health Care
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Sector Update: Health Care
Oct 3, 2024 6:12 AM

08:53 AM EDT, 10/03/2024 (MT Newswires) -- Health care stocks were steady premarket Thursday with the Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF (IBB) recently inactive.

Hims & Hers Health ( HIMS ) shares declined 11% after the US Food and Drug Administration said that a shortage of tirzepatide injection medication has been resolved. Hims & Hers and other generic drug makers are allowed to sell versions of FDA-approved drugs when they are in shortage.

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