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Sector Update: Health Care

Dec 18, 2024 12:53 PM

03:21 PM EST, 12/18/2024 (MT Newswires) -- Health care stocks were lower late Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 0.5%.

The iShares Biotechnology ETF (IBB) dropped 2.9%.

In corporate news, Theratechnologies ( THTX ) shares jumped 8%. The company said Wednesday it submitted a prior approval supplement to the US Food and Drug Administration related to changes made to the Egrifta SV manufacturing facility.

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