financetom
Market
financetom
/
Market
/
Sector Update: Health Care Stocks Rise Late Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Health Care Stocks Rise Late Afternoon
Mar 18, 2025 1:25 PM

04:00 PM EDT, 03/18/2025 (MT Newswires) -- Health care stocks rose late Tuesday afternoon with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%.

The iShares Biotechnology ETF (IBB) fell 1.4%.

In corporate news, Sarepta Therapeutics ( SRPT ) shares slumped 27% after a young patient with Duchenne muscular dystrophy died of acute liver failure following treatment with the company's Elevidys gene therapy.

TC BioPharm ( TCBP ) plans to outsource various functions and switch to a "more decentralized" model, resulting in a workforce reduction of 20 employees. The shares fell 4.6%.

Aditxt ( ADTX ) shares surged 70% after its acquisition target Appili Therapeutics submitted four new federal funding proposals totaling $117.5 million.

Can-Fite BioPharma ( CANF ) shares jumped 24% after the US Food and Drug Administration approved compassionate use treatment with the company's anticancer drug Namodenoson for a pancreatic cancer patient in the US.

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 >
Sector Update: Health Care Stocks Flat to Lower Pre-Bell Wednesday
Sector Update: Health Care Stocks Flat to Lower Pre-Bell Wednesday
Oct 2, 2024
09:13 AM EDT, 10/02/2024 (MT Newswires) -- Health care stocks were flat to lower pre-bell Wednesday, with The Health Care Select Sector SPDR Fund ( XLV ) down 0.2% and the iShares Biotechnology ETF ( IBB ) inactive. Humana (HUM) shares were down more than 20% after the company disclosed in a regulatory filing that the number of members enrolled...
US STOCKS-Wall St set to open lower after Middle East tensions make investors jittery
US STOCKS-Wall St set to open lower after Middle East tensions make investors jittery
Oct 2, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * ADP survey: US adds 143,000 private jobs in September * Nike ( NKE ) falls after withdrawing annual revenue forecast * Humana drops on fewer members in Medicare Advantage plans * Futures off: Dow 0.21%, S&P 500 0.23%, Nasdaq...
Sector Update: Tech Stocks Mixed Pre-Bell Wednesday
Sector Update: Tech Stocks Mixed Pre-Bell Wednesday
Oct 2, 2024
09:07 AM EDT, 10/02/2024 (MT Newswires) -- Technology stocks were mixed pre-bell Wednesday as the Technology Select Sector SPDR Fund ( XLK ) was 0.1% higher and the SPDR S&P Semiconductor ETF ( XSD ) was recently down 0.7%. AgEagle Aerial Systems ( UAVS ) shares were down nearly 10% after the company said it has closed a public offering...
Traders Cautious Amid Middle East Tensions, Driving Muted Premarket Action for US Equity Futures Pre-Bell
Traders Cautious Amid Middle East Tensions, Driving Muted Premarket Action for US Equity Futures Pre-Bell
Oct 2, 2024
09:08 AM EDT, 10/02/2024 (MT Newswires) -- US equity futures were little changed before Wednesday's opening bell as traders stayed on the sidelines amid escalating tensions in the Middle East. Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all down around 0.2%. Investors are on edge for a potential retaliation from Tel Aviv after Iran launched...
Copyright 2023-2025 - www.financetom.com All Rights Reserved