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Sector Update: Healthcare Stocks Decline Monday Afternoon
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Sector Update: Healthcare Stocks Decline Monday Afternoon
Aug 3, 2026 10:56 AM

01:35 PM EDT, 08/03/2026 (MT Newswires) -- Healthcare stocks declined Monday afternoon, with the NYSE Healthcare Index falling 1% and the State Street Health Care Select Sector SPDR ETF (XLV) dropping 0.5%.

The iShares Biotechnology ETF (IBB) shed 0.7%.

In corporate news, Integer (ITGR) agreed to be acquired and taken private by investment firm KKR (KKR) in an all-cash deal with an enterprise value of about $5.7 billion. Integer shares rose 2.7%.

AstraZeneca ( AZN ) is in talks with Bristol Myers Squibb ( BMY ) about a potential combination that would create a company valued at almost $400 billion, the Financial Times reported Sunday. AstraZeneca ( AZN ) shares slumped 7.5%, and Bristol Myers dropped 0.8%.

Lantheus Holdings ( LNTH ) agreed to be acquired and taken private by Curium for up to $8 billion. Lantheus ( LNTH ) shares rose 2.2%.

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