01:15 PM EDT, 06/16/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index shedding 0.4% and the Health Care Select Sector SPDR Fund (XLV) down 0.3%.

The iShares Biotechnology ETF (IBB) was slipping 0.3%.

In corporate news, Sarepta Therapeutics ( SRPT ) shares fell past 45%. The company said Sunday it's temporarily suspending shipments of Elevidys for non-ambulatory patients with Duchenne muscular dystrophy following a second reported case of acute liver failure resulting in death.