Sector Update: Health Care

Last Updated: Tuesday, August 9, 2022 3:36 PM | MT Newswires

Health care stocks were little changed this afternoon, with the NYSE Health Care Index rising less than 0.1% and the SPDR Health Care Select Sector ETF (XLV) falling 0.2%. The Nasdaq Biotechnology index was sinking 1.5%. In company news, AdaptHealth (AHCO) fell nearly 16% after the medical products distributor reported Q2 net income of $0.09 per share, down from $0.12 per share during the same quarter in 2021 and trailing the Capital IQ consensus call looking for a $0.23 per share quarterly profit.

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