Sector Update: Health Care Stocks Decline in Afternoon Trading

From Nasdaq: 2024-09-17 14:05:24

Health care stocks took a hit, with the NYSE Health Care Index and XLV Fund dropping. The iShares Biotechnology ETF also dipped slightly. Moderna shares rose following Health Canada’s approval of its updated Spikevax COVID-19 vaccine. Cigna’s Express Scripts unit sued the FTC, leading to a drop in Cigna’s shares. Talkspace saw a surge after partnering with Amazon Health Services.



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