Top Healthcare Stocks
Healthcare stocks turned higher this afternoon with the NYSE
Healthcare Sector Index rising about 0.4% and shares of healthcare
companies in the S&P 500 rising about 0.1% as a group.
In company news, Liberator Medical Holdings (
) was higher in late afternoon trading and the medical device
company increasing its quarterly dividend by 8.3% over the prior
quarter to $0.0325 per share, payable Oct. 10 to shareholders of
record on Sept. 26.
LBMH shares were up about 5.6% at $2.84 apiece shortly before
the closing bell, just 6 cents under its session high. The stock
has traded within a 52-week range of $1.46 to $6.00 a share, more
than doubling in value over the past 12 months, rising 104%.
In other sector news,
(-) KIN, Said its CereKin interleukin-1 inhibitor did not meet
primary endpoint of reducing osteoarthritis pain and inflammation
in dogs during randomized, double-blind placebo-controlled clinical
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