Sector Update: Healthcare Stocks Mixed Friday Afternoon

01:44 PM EDT, 10/16/2026 (MT Newswires) -- Healthcare stocks were mixed Friday afternoon, with the NYSE Healthcare Index up 0.1% and the State Street Health Care Select Sector SPDR ETF (XLV) decreasing 0.3%. The iShares Biotechnology ETF (IBB) dropped 2.6%. In corporate news, Erasca (ERAS) shares fell past 9% after the company said Chief Operating Officer Nicholas Chetwyn will depart, effective Nov. 2. The move is part of efforts to streamline its reporting structure and realign leadership roles. City Therapeutics (CTY) shares jumped 23% in Friday trading after the stock marked its Nasdaq debut at higher than the $18-per-share IPO price. Omeros (OMER) shares fell nearly 15% after it said the EU's Committee for Medicinal Products for Human Use rejected again its application to market narsoplimab for a rare blood complication that follows stem cell transplants. MDxHealth (MDXH) shares dropped 64% after it suspended its full-year 2026 revenue guidance after preliminary Q3 revenue fell short of expectations, citing unexpected turnover among sales staff following the discontinuation of its Resolve mdx business.