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Sector Update: Health Care

Jun 23, 2025 6:23 AM

08:54 AM EDT, 06/23/2025 (MT Newswires) -- Health care stocks were steady premarket Monday with the Health Care Select Sector SPDR Fund (XLV) easing 0.02% and the iShares Biotechnology ETF (IBB) inactive recently.

Novo Nordisk ( NVO ) said it has halted its collaboration with Hims & Hers Health ( HIMS ) on the sale of weight loss drugs, including Wegovy. Shares of Novo Nordisk ( NVO ) were down 7.6% while shares of Hims & Hers Health ( HIMS ) were down nearly 25% pre-bell.

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