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Sector Update: Health Care
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Sector Update: Health Care
Nov 19, 2024 4:47 PM

03:35 PM EST, 11/18/2024 (MT Newswires) -- Health care stocks were mixed late Monday afternoon, with the NYSE Health Care Index easing 0.2% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%.

The iShares Biotechnology ETF (IBB) shed 0.2%.

In corporate news, Henry Schein's (HSIC) activist investor Ananym Capital Management is asking the company to revamp its board, consider divesting its medical distribution business, reduce expenses, and replace Chief Executive Stanley Bergman, Reuters reported. Henry Schein shares jumped 6.7%.

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