Sector Update: Health Care Stocks Lower in Afternoon Trading
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Health care stocks experienced a slight decline, with the NYSE Health Care Index down 0.1% and the State Street Health Care Select Sector SPDR ETF (XLV) down 0.3%. Capricor Therapeutics (CAPR) shares fell 2.3% following an FDA request for a full clinical study report. Qiagen (QGEN) shares surged 19% amid takeover interest, while Abivax (ABVX) shares rose 0.5% after its CEO dismissed takeover rumors from Eli Lilly (LLY), which saw a 0.2% increase.
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