01:09 PM EDT, 08/28/2025 (MT Newswires) -- Health care stocks declined Thursday afternoon with the NYSE Health Care Index dropping 0.7% and the Health Care Select Sector SPDR Fund (XLV) falling 0.6%.

The iShares Biotechnology ETF (IBB) eased 0.1%.

In corporate news, Cooper (COO) shares lost 11% after several investment firms cut their price targets on the stock following the company's fiscal Q3 results on Wednesday.