Sector Update: Health Care

Health care stocks were mixed Monday afternoon with the NYSE Health Care Index rising 0.1% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.7%.

In corporate news, Hims & Hers Health HIMS surged 29% after the company announced it's offering GLP-1 injections starting at $199 a month, using compounded versions of the active ingredient in weight loss drugs sold by Novo Nordisk NOVO_B and Eli Lilly LLY. Novo Nordisk shares rose 1.2%, and Eli Lilly was up 1.5%.