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Sector Update: Health Care Stocks Steady Pre-Bell Friday
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Sector Update: Health Care Stocks Steady Pre-Bell Friday
Apr 12, 2024 6:48 AM

09:16 AM EDT, 04/12/2024 (MT Newswires) -- Health care stocks were steady premarket Friday, with the Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF ( IBB ) both inactive.

Nurix Therapeutics ( NRIX ) stock was down more than 5% after the company said overnight it priced an underwritten public offering of 10.2 million common shares at $15 apiece for total expected gross proceeds of $175 million.

Novo Nordisk's ( NVO ) popular diabetes and weight-loss medicines Wegovy and Ozempic have no added risk of suicide, a European Medicines Agency risk assessment committee said, disclosing results of an investigation of reports linking the drugs to suicidal thoughts. Novo Nordisk ( NVO ) shares were up over 1% in recent Friday premarket activity.

OncoCyte ( OCX ) stock was more than 13% higher after the company said late Thursday it agreed to sell $15.8 million worth of common shares and pre-funded warrants in an at-the-market private placement.

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