Sector Update: Health Care

Last Updated: Thursday, August 18, 2022 1:35 PM | MT Newswires

Health care stocks were mostly lower this afternoon, with the NYSE Health Care Index and the SPDR Health Care Select Sector ETF (XLV) both sinking 0.9%. The Nasdaq Biotechnology index was dropping 1.9%. In company news, Unity Biotech (UBX) slumped nearly 32% after the anti-aging therapeutics company priced an upsized $45 million public offering of nearly 64.3 million common shares at $0.70 apiece, or 27.8% under Wednesday's closing price.

Share this article:

Related Companies

You May Also Like

Related Articles

US Stocks Climb Wednesday Following Bank of England Move

US Stocks Climb Wednesday Following Bank of England Move

Sector Update: Health Care Stocks Finishing Wednesday Trade Near Intra-Day Highs

Sector Update: Tech Stocks Catching Up with Broader Markets Near Wednesday Close

Sector Update: Consumer Discretionary Stocks Surging Wednesday

Related Companies