01:54 PM EDT, 09/26/2024 (MT Newswires) -- Health care stocks were mixed Thursday afternoon, with the NYSE Health Care Index shedding 0.2% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.7%.

In corporate news, Scilex ( SCLX ) jumped past 8% after the company said Thursday the lockup period that prevents the transfer of its shares previously distributed as a dividend to Sorrento Therapeutics ( SRNE ) stockholders has been extended by a bankruptcy court until Jan. 31 next year.

Guardian Pharmacy Services ( GRDN ) shares surged 14% in recent trading as the company's stock debuted on Nasdaq and opened above its initial public offering price of $14 per share.

Masimo ( MASI ) founder Joe Kiani is seeking a $400 million payout after being ousted as board chair by shareholders, the Financial Times reported Thursday. Masimo ( MASI ) shares fell 0.6%.