financetom
Market
financetom
/
Market
/
Sector Update: Healthcare Stocks Mixed Late Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Healthcare Stocks Mixed Late Afternoon
Aug 6, 2026 1:16 PM

03:52 PM EDT, 08/06/2026 (MT Newswires) -- Healthcare stocks were mixed late Thursday afternoon, with the NYSE Healthcare Index fractionally higher and the State Street Health Care Select Sector SPDR ETF (XLV) down 0.1%.

The iShares Biotechnology ETF (IBB) was up 0.4%.

In corporate news, Emergent BioSolutions ( EBS ) shares dropped 30% after it cut its full-year guidance and announced an organizational restructuring plan.

Becton, Dickinson ( BDX ) raised its full-year earnings guidance as the medical device maker's Q3 results exceeded Wall Street's estimates amid revenue gains across all divisions. Its shares gained 3.5%.

Enovis ( ENOV ) shares fell 13% after the company reported its results for fiscal Q2.

Braveheart Bio (BRVE) shares surged 70% in its Nasdaq debut Thursday, after the company announced an upsized IPO of 21.25 million common shares late Wednesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved