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Sector Update: Healthcare Stocks Inching Higher; Aldeyra Therapeutics Near Record High After Aegis Starts Coverage with Buy Rating

Top Healthcare Stocks

JNJ +0.53%

PFE -0.56%

ABT +0.54%

MRK -0.39%

AMGN -0.01%

Healthcare stocks were slightly higher today with the NYSE Healthcare Sector Index advancing about 0.2% and shares of healthcare companies in the S&P 500 climbing about 0.3% as a group.

In company news, Aldeyra Therapeutics ( ALDX ) rallied to a new all-time high Thursday after Aegis Capital began coverage of the biotech company working to develop treatments for rare skin and eye diseases with a Buy rating.

Separately, the company today named Stephen Tulipano as its chief financial officer, effective next Monday, June 23.

ALDX shares were up more than 10% at $7.35 each in recent trade, easing somewhat from its session and lifetime high of $8.22 a share earlier today. Through Wednesday's close, the stock has fallen 12.1% since pricing its initial public offering of stock on May 2 at $7.50 a share.

In other sector news,

(+) QGEN, (+0.1%) FDA approves the company's artus CMV RGQ MDx kit to monitor Cytomegalovirus viral load in organ transplant patients. The test runs on QGEN's Rotor-Gene Q MDx PCR platform, which was cleared by the FDA in 2012.

(-) PETX, (-3.7%) Begins enrolling canine patients for a pair of nationwide trials to evaluate its AT-005 monoclonal antibody, which is conditionally licensed by the Department of Agriculture to aid in the treatment of T-cell lymphoma in dogs.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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