03:32 PM EST, 02/28/2025 (MT Newswires) -- Health care stocks rose late Friday afternoon with the NYSE Health Care Index up 0.4% and the Health Care Select Sector SPDR Fund (XLV) adding 0.6%.

The iShares Biotechnology ETF (IBB) gained 0.7%.

In corporate news, BioXcel Therapeutics ( BTAI ) shares surged 31% after the company regained compliance with Nasdaq's minimum closing bid price rule.