Top Health Care Stocks
Health care stocks were narrowly higher just before today’s closing bell, with the NYSE Health Care Index posting a more than 0.2% gain while shares of health care companies in the S&P 500 also were up almost 0.1% as a group.
In company news, Cytori Therapeutics ( CYTX ) fell to within 2 cents of its record low of 31 cents a share, dropping as much as %, after the medical device company disclosed plans to issue non-transferable subscription rights to its shareholders to acquire more of its preferred and common stock.
The company plans to issue equity units consisting of one share of its Series B preferred stock as well as a warrant to buy either one share or a portion of a share, it said.
In other sector news,
(+) IDXG, UnitedHealthcare ( UNH ), through its Oxford Health Plans division, will cover the cost of the company’s ThyraMIR test for indeterminate thyroid nodules, retroactive to Aug. 1.
(-) FATE, Files $100 mln, mixed-securities registration statement with U.S. regulators, also saying one of its investors may sell up to 1 mln shares as part of the same offering. Receives U.S. patent covering the use of prostaglandins for viral transduction enhancement.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.