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Sector Update: Health Care Stocks Increase in Afternoon Trading
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Sector Update: Health Care Stocks Increase in Afternoon Trading
Jun 26, 2025 11:33 AM

02:08 PM EDT, 06/26/2025 (MT Newswires) -- Health care stocks rose Thursday afternoon with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%.

The iShares Biotechnology ETF (IBB) eased 0.2%.

In corporate news, Walgreens Boots Alliance ( WBA ) reported fiscal Q3 results above Wall Street estimates, even though the drugstore chain was weighed down by weakness in US retail sales. The shares rose 0.9%.

Novo Nordisk ( NVO ) entered into a collaboration with WeightWatchers to expand patient access to its weight-loss drug Wegovy, injection 2.4mg, starting Tuesday. Novo shares added 0.1%.

ReShape Lifesciences ( RSLS ) shares fell 1.6%. The company plans to cut jobs to save $750,000, or 23% of annual payroll expenses.

ATyr Pharma ( ATYR ) shares rose 3.1%. The company expects to be added to the Russell 2000 Index and broad market Russell 3000 Index after the US market close on Friday.

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