Sector Update: Health Care

Last Updated: Friday, September 24, 2021 3:14 PM | MT Newswires

Health care stocks remained under pressure in late trade, with the NYSE Health Care Index down 0.4% while the Health Care Select Sector SPDR ETF (XLV) fell 0.5%. The Nasdaq Biotechnology Index dropped 1.7%. In company news, Novo Nordisk (NVO) said it has agreed to pay $100 million to settle a securities class action lawsuit filed in 2017 against the pharmaceutical company and some of its executives. The stock was 1.2% lower.

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