
Sector Update: Healthcare Stocks Advance Late Afternoon

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Healthcare stocks saw gains late Tuesday, with the NYSE Healthcare Index and the State Street Healthcare Select Sector SPDR ETF rising about 2%. Notable movements included a 3% drop in West Pharmaceutical Services due to a cyberattack, and a 7% increase in Alkermes after positive trial results for Lumryz. Sonida Senior Living's stock decline was deemed unwarranted by RBC, which raised its price target. Dr. Reddy's Laboratories plans to launch a generic Ozempic in Canada, with its shares falling 5.3%.
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