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Sector Update: Healthcare Stocks Higher Late Afternoon
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Sector Update: Healthcare Stocks Higher Late Afternoon
Jun 5, 2026 1:15 PM

03:49 PM EDT, 06/05/2026 (MT Newswires) -- Healthcare stocks rose late Friday afternoon with the NYSE Healthcare Index increasing 0.6% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 0.7%.

The iShares Biotechnology ETF (IBB) declined 1.6%.

In corporate news, Haemonetics ( HAE ) updated its financial reporting structure and will transition to two segments from three starting in Q1 fiscal 2027. The stock rose 1.8%.

BioCardia ( BCDA ) received confirmation from the US Food and Drug Administration that its ongoing trial may support a premarket approval of the CardiAMP Cell Therapy System for the treatment of ischemic heart failure with reduced ejection fraction. BioCardia ( BCDA ) shares climbed 23%.

CareCloud ( CCLD ) said shareholders approved all proposals put forward at the annual investor meeting on Thursday, including the re-election of Mahmud Haq and Cameron Munter to the board. CareCloud ( CCLD ) shares fell 1.5%.

Vivos Therapeutics ( VVOS ) entered a deal with its senior secured lender, Streeterville Capital, to exchange up to $4.5 million of its outstanding debt for a combination of perpetual, nonconvertible preferred stock and shares. Vivos shares climbed 27%.

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