$WSTN

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Sector Update: Healthcare Stocks Rise Thursday Afternoon

Healthcare stocks were higher Thursday afternoon, with the NYSE Healthcare Index rising 0.9% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 0.9%.The iShares Biotechnology ETF (IBB) climbed up 1%.In corporate news, Thermo Fisher Scientific (TMO) shares jumped past 8% after it reported higher fiscal Q2 adjusted earnings and revenue.Quest Diagnostics (DGX) shares rose 6.6% after the company reported higher Q2 adjusted earnings and revenue, and raised its 2026 outlook.Neuphoria Therapeutics (NEUP) and Scancell Holdings said Thursday they have struck an all-stock merger deal in which Scancell will acquire Neuphoria. Neuphoria shares surged 20%.Westin Acquisition (WSTN) and First Choice Healthcare Solutions said they have agreed to merge to create a publicly traded healthcare and wellness company. Shares edged up 0.2%.

$DGX$NEUP$TMO$WSTN

Sectors1h ago

Sector Update: Healthcare

Healthcare stocks were higher Thursday afternoon, with the NYSE Healthcare Index rising 0.9% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 0.9%.The iShares Biotechnology ETF (IBB) climbed 1%.In corporate news, Westin Acquisition (WSTN) has agreed to combine with First Choice Healthcare Solutions in a deal that will take the healthcare services company public, First Choice Healthcare said Thursday. The planned deal implies a pre-money equity value of about $650 million for First Choice Healthcare and is expected to accelerate the company's rebrand to Wellgevity 360, according to a statement. Westin Acquisition shares rose 0.2%.

$WSTN

Wire4h ago

Westin Acquisition Signs Merger Deal With First Choice Healthcare Solutions

Westin Acquisition (WSTN) has agreed to combine with First Choice Healthcare Solutions in a transaction that will take the healthcare services company public, First Choice Healthcare said Thursday.The proposed transaction implies a pre-money equity value of about $650 million for First Choice Healthcare and is expected to accelerate the company's rebrand to Wellgevity 360, according to a statement.Westin Acquisition will domesticate to the State of Nevada from the Cayman Islands prior to closing of the deal, which is expected to occur in Q4, First Choice Healthcare said.The combined company is expected to trade on the Nasdaq, First Choice Healthcare added.Price: $10.14, Change: $+0.02, Percent Change: +0.20%

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