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Sector Update: Health Care
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Sector Update: Health Care
Nov 3, 2024 11:48 AM

01:36 PM EDT, 10/25/2024 (MT Newswires) -- Health care stocks were lower Friday afternoon, with the NYSE Health Care Index down 0.4% and the Health Care Select Sector SPDR Fund (XLV) easing 0.3%.

The iShares Biotechnology ETF (IBB) rose 0.5%.

In corporate news, HCA Healthcare ( HCA ) shares tumbled past 10%. The company's Q3 results missed analyst estimates as Hurricane Helene impacted some of its facilities, while the hospital operator expects a further hurricane-related hit in the ongoing three-month period.

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