Sector Update: Health Care Stocks Higher Friday Afternoon

MT Newswires Live

01-25

Health care stocks were rising Friday afternoon, with the NYSE Health Care Index adding 0.8% and the Health Care Select Sector SPDR Fund (XLV) up 0.3%.

The iShares Biotechnology ETF (IBB) eased 0.3%.

In corporate news, Novo Nordisk (NVO) shares jumped 8.2% after it said Friday that its investigative weight loss drug amycretin led to a body weight reduction of up to 22% in an early-stage trial.

HCA Healthcare (HCA) reported Q4 adjusted earnings Friday of $6.22 per diluted share, up from $5.90 a year earlier. Revenue for the quarter was $18.29 billion, up from $17.30 billion a year earlier. Its shares were shedding 3.5%.

Allurion Technologies (ALUR) shares surged past 122%. The company said Friday that it signed a definitive agreement with institutional investors for the sale of 1.24 million common shares at $6 per share through a registered direct offering for proceeds of $7.4 million.

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The company said Friday that it signed a definitive agreement with institutional investors for the sale of 1.24 million common shares at $6 per share through a registered direct offering for proceeds of $7.4 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2506689123","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506689123","pubTimestamp":1737744808,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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