Sector Update: Health Care

Last Updated: Wednesday, September 15, 2021 3:37 PM | MT Newswires

Health care stocks eased from their prior gains this afternoon, with the NYSE Health Care Index rising 0.7% while the SPDR Health Care Select Sector ETF (XLV) was up 0.7%. The Nasdaq Biotechnology index also was climbing 0.8%. In company news, BioCryst Pharmaceuticals (BCRX) slid 2.7% after a regulatory filing overnight showed board member George Abercrombie last Friday exercised options priced between $1.71 to $3.22 per share to buy and then sell 71,000 shares at $15.09 each, generating around $1.07 million in net proceeds before taxes and other expenses.

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