Sector Update: Healthcare

Last Updated: Tuesday, December 6, 2022 3:45 PM | MT Newswires

Healthcare stocks were ending moderately lower compared with most other industry sectors Thursday afternoon, with the NYSE Health Care Index slipping 1.1% while the SPDR Health Care Select Sector ETF (XLV) was down 0.9%. The iShares Biotechnology ETF (IBB) also was sinking 1.9%.

In company news, OKYO Pharma (OKYO) fell over 10% after the ophthalmology company disclosed plans for an upcoming offering of its American depositary shares in the United States.

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