08:52 AM EST, 11/08/2024 (MT Newswires) -- Health care stocks were flat to higher premarket Friday as the iShares Biotechnology ETF (IBB) was inactive and the Health Care Select Sector SPDR Fund (XLV) was up 0.2% recently.

AlloVir ( ALVR ) shares were down more than 29% after the company said it signed a definitive agreement to merge with Kalaris Therapeutics in an all-stock transaction.