Sector Update: Health Care

Last Updated: Thursday, June 23, 2022 3:55 PM | MT Newswires

Health care stocks added to their prior gains this afternoon, with the NYSE Health Care Index rising 1.6% and the SPDR Health Care Select Sector ETF (XLV) up 2.2%. The Nasdaq Biotechnology index also was climbing 3.6%. In company news, Radius Health (RDUS) gained almost 20% after agreeing to an $890 million private-equity buyout offer for biopharmaceutical firm from Gurnet Point Capital and Patient Square Capital.

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