02:08 PM EDT, 06/04/2025 (MT Newswires) -- Health care stocks rose Wednesday afternoon with the NYSE Health Care Index up 1% and the Health Care Select Sector SPDR Fund (XLV) adding 0.7%.

The iShares Biotechnology ETF (IBB) increased 0.8%.

In corporate news, Natera ( NTRA ) shares jumped 5.1% after the company said its Signatera Genome test is now covered by Medicare for several cancer types.

Sagimet Biosciences ( SGMT ) shares surged 11% after the company said denifanstat met primary and secondary endpoints in a phase 3 trial to treat moderate to severe acne vulgaris.

Neogen (NEOG) shares tumbled 19% after the company said fiscal Q4 headwinds are expected to erode gross margins.