03:31 PM EDT, 10/16/2025 (MT Newswires) -- Health care stocks fell late Thursday afternoon with the NYSE Health Care Index dropping 0.2% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.3%.

The iShares Biotechnology ETF (IBB) decreased 0.4%.

In corporate news, Hyperfine (HYPR) stock fell 37% after the company priced an underwritten public offering of 14 million Class A shares at $1.25 each to raise $17.5 million.