Sector Update: Health Care

Last Updated: Wednesday, May 18, 2022 3:48 PM | MT Newswires

Health care stocks were mostly lower this afternoon, with the NYSE Health Care Index sinking 2.7% while the SPDR Health Care Select Sector ETF (XLV) was down 2.6%. The Nasdaq Biotechnology index also was sinking 2.7%. In company news, Baudax Bio (BXRX) was more than 32% lower, staying within close range of recent all-time low of $0.78 per share set earlier Wednesday after the pharmaceuticals company priced a $2 million at-the-market direct offering of nearly 1.65 million shares at $1.215 apiece.

Share this article:

Related Companies

You May Also Like

Related Articles

Related Companies