SPY414.92-5.67 -1.35%
DIA332.96-5.20 -1.54%
IXIC14,030.38-130.97 -0.92%

Sector Update: Health Care

05/10/2021 09:04

12:59 PM EDT, 05/10/2021 (MT Newswires) -- Health care stocks were higher in Monday trading, with the NYSE Health Care Index and the SPDR Health Care Select Sector ETF rising 0.8% each. The Nasdaq Biotechnology index, however, was sinking 1.0%. In company news, Soliton (SOLY) rose over 25% to a best-ever $22.53 a share after the medical device company agreed to a buyout offer from AbbVie's (ABBV) Allergan Aesthetics unit, which will pay $22.60 in cash for each Soliton share, subject to regulatory and Soliton shareholder approvals. AbbVie shares were fractionally higher, earlier rising 1.2% to also touch an all-time high of $117.18 a share.