Sector Update: Health Care

Last Updated: Thursday, December 2, 2021 3:44 PM | MT Newswires

Health care stocks were ending off Thursday's pace, with the NYSE Health Care Index rising 0.5% this afternoon while the SPDR Health Care Select Sector ETF (XLV) also was up 0.8%. The Nasdaq Biotechnology index was adding 0.6% this afternoon. In company news, Context Therapeutics (CNTX) shed nearly 22% of its former value after the oncology company announced a $31.3 million private placement of 5 million shares priced at $6.25 each, or 12.7% under Wednesday's closing price. Investors also received an equal number of 66-month warrants to buy an additional share exercisable at $6.25 a share.

Share this article:

Related Companies

You May Also Like

Related Articles

Related Companies