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Sector Update: Healthcare Stocks Fall in Afternoon Trading

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Healthcare stocks were lower Thursday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each shedding 0.5%.

The iShares Biotechnology ETF (IBB) was fractionally higher.

In corporate news, Enovis (ENOV) shares fell 11% after the company reported its results for fiscal Q2.

Becton, Dickinson (BDX) raised its full-year earnings guidance as the medical device maker's Q3 results exceeded Wall Street's estimates amid revenue gains across all divisions. Its shares gained 4.7%.

Braveheart Bio (BRVE) shares rose 67% in its Nasdaq debut Thursday, after the company announced an upsized IPO of 21.25 million common shares late Wednesday.

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Sector Update: Financial Stocks Advance Late Afternoon

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