Sector Update: Health Care

Tuesday, September 29, 2020 3:42 PM | MT Newswires

Health care stocks were mixed in late Tuesday trading, with the NYSE Health Care Index rising about 0.1%, overcoming a mid-day decline, while the SPDR Health Care Select Sector ETF was less than 0.1% lower. The Nasdaq Biotechnology index was 0.1% higher this afternoon. In company news, Axsome Therapeutics (AXSM) declined 5% after the specialty drugmaker Tuesday said it secured a $225 million term loan from Hercules Capital (HTGC) and will use the proceeds will support the upcoming commercial launches of its AXS-05 prospective treatment for major depressive disorder and its AXS-07 drug candidate for migraines.

Share this article:

Related Companies

Upgrade to Premium and Analyze Stocks Like a Pro

50% Off All Subscriptions
InvestorsObserver Premium
InvestorsObserver Premium
InvestorsObserver Premium
Save up to 65% with annual

InvestorsObserver Premium

$ 20.75 $ 10.38 /month
$249 $124.50 billed annually

You May Also Like