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Sector Update: Health Care
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Sector Update: Health Care
Oct 7, 2024 1:36 PM

03:36 PM EDT, 10/07/2024 (MT Newswires) -- Health care stocks were decreasing late Monday afternoon, with the NYSE Health Care Index down 0.2% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.5%.

The iShares Biotechnology ETF (IBB) fell 1.4%.

In corporate news, Trevena ( TRVN ) shares plunged 45%. The company said late Friday it received a delisting notice from Nasdaq, with trading of its shares to be suspended effective Tuesday.

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