Sector Update: Health Care

Last Updated: Friday, December 3, 2021 8:27 AM | MT Newswires

Health care stocks were inching higher in premarket Friday. The Health Care SPDR (XLV) gained just 0.2% while the iShares NASDAQ Biotechnology Index (IBB) was 0.6% higher.

Esperion Therapeutics (ESPR) slumped more than 32% on pricing a public offering of about 32.1 million common shares and short-term warrants to buy the same amount of common shares at $7 per share and accompanying warrant, for gross proceeds of roughly $225 million.

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