Sector Update: Health Care Stocks Gain Monday Afternoon

MT Newswires Live

Jan 28

Health care stocks rose Monday afternoon, with the NYSE Health Care Index adding 2% and the Health Care Select Sector SPDR Fund (XLV) up 2.1%.

The iShares Biotechnology ETF (IBB) rose 0.7%.

In corporate news, Walgreens Boots Alliance (WBA) shares fell 6.4% after CNBC's David Faber reported the company's talks with Sycamore Partners on a go-private deal are "mostly dead," according to media reports.

Sage Therapeutics (SAGE) said Monday its board rejected Biogen's (BIIB) unsolicited, non-binding proposal to buy Sage shares not already owned by Biogen for $7.22 per share. Sage shares rose 4.8% and Biogen was adding 1.8%.

Allakos (ALLK) said Monday its phase 1 trial of AK006 in chronic spontaneous urticaria failed to demonstrate therapeutic efficacy and that its development will be terminated immediately. Its shares dropped 78%.

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Sage shares rose 4.8% and Biogen was adding 1.8%.</p><p>Allakos (ALLK) said Monday its phase 1 trial of AK006 in chronic spontaneous urticaria failed to demonstrate therapeutic efficacy and that its development will be terminated immediately. Its shares dropped 78%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WBA","symbol_name":"沃尔格林联合博姿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2506461586","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506461586","pubTimestamp":1738005007,"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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Sage shares rose 4.8% and Biogen was adding 1.8%.Allakos (ALLK) said Monday its phase 1 trial of AK006 in chronic spontaneous urticaria failed to demonstrate therapeutic efficacy and that its development will be terminated immediately. Its shares dropped 78%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}