Sector Update: Healthcare Stocks Gain in Afternoon Trading
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Healthcare stocks experienced gains on May 12, 2026, with the NYSE Healthcare Index up 2.1% and the State Street Healthcare Select Sector SPDR ETF rising 2.2%. Alkermes saw a 5% increase after positive trial results for its Lumryz oral suspension. RBC Capital Markets upgraded Sonida Senior Living's price target to $45, noting its strong Q1 results, leading to a 1.5% rise in shares. Agios Pharmaceuticals rose 1% after submitting a New Drug Application for mitapivat to treat sickle cell disease.
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