Sector Update: Health Care-March 2024-www.financetom.com

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Sector Update: Health Care

Jan 28, 2025 10:58 AM

01:38 PM EST, 01/28/2025 (MT Newswires) -- Health care stocks declined Tuesday afternoon, with the NYSE Health Care Index shedding 0.5% and the Health Care Select Sector SPDR Fund (XLV) down 0.3%.

The iShares Biotechnology ETF (IBB) rose 0.2%.

In corporate news, Surgery Partners ( SGRY ) shares jumped nearly 19%. Bain Capital Partners said it delivered a non-binding proposal late Monday to Surgery Partners' ( SGRY ) board proposing to buy all the remaining shares it doesn't already own for a cash consideration of $25.75 per share.

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