03:36 PM EST, 11/15/2024 (MT Newswires) -- Health care stocks fell late Friday afternoon with the NYSE Health Care Index declining 1.7% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.8%.

The iShares Biotechnology ETF (IBB) slumped 4.7%.

In corporate news, Eyenovia ( EYEN ) shares plunged 70%. A phase 3 study evaluating the drug-device combination of low-dose atropine in the company's Optejet dispensing platform for pediatric progressive myopia didn't meet the primary endpoint. Eyenovia ( EYEN ) also is considering options including a business combination, reverse merger or asset sales.