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Sector Update: Health Care Stocks Mixed Late Afternoon
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Sector Update: Health Care Stocks Mixed Late Afternoon
Apr 9, 2026 1:19 PM

03:54 PM EDT, 04/09/2026 (MT Newswires) -- Health care stocks were mixed late Thursday afternoon, with the NYSE Health Care Index adding 0.1% and the State Street Health Care Select Sector SPDR ETF (XLV) easing 0.1%.

The iShares Biotechnology ETF (IBB) increased 0.2%.

In corporate news, STAAR Surgical ( STAA ) needs to show that the rebound in China is sustainable after the firm reported much higher preliminary Q1 net sales than consensus, Wedbush said in a note. Wedbush raised the company's price target to $26 from $21, while keeping its neutral rating. STAAR shares jumped 21%.

Amazon.com's (AMZN) Amazon Pharmacy said Thursday it is offering Eli Lilly's ( LLY ) obesity pill Foundayo. Additionally, WW International (WW) said Thursday it is now offering access to Foundayo for weight loss through its Med+ program and affiliated medical groups. Lilly shares rose 0.4%.

BridgeBio Pharma ( BBIO ) is transitioning from a single-asset transthyretin story into a diversified rare disease company, with growth poised to accelerate beyond its ATTR franchise, RBC Capital said in a note. RBC started coverage of the company with an outperform rating and a price target of $100. BridgeBio shares rose 2.7%.

Vanda Pharmaceuticals ( VNDA ) said Thursday it is calling on the US Food and Drug Administration to withdraw a proposal in the regulator's fiscal 2027 Congressional Budget Justification that would extend drug review timelines. Vanda shares were down 0.3%.

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