01:29 PM EST, 02/28/2025 (MT Newswires) -- Health care stocks declined Friday afternoon, with the NYSE Health Care Index down 0.3% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.4%.

The iShares Biotechnology ETF (IBB) eased 0.2%.

In corporate news, DocGo ( DCGO ) shares fell nearly 27%. The company reported a Q4 net loss late Thursday of $3.3 million, swinging from net income of $7.6 million a year earlier. Analysts polled by FactSet expected net income of $4.2 million.