Health Care Up as Traders Hedge on Earnings -- Health Care Roundup

Health-care companies ticked up as traders hedged their bets on the outlook for earnings in the sector.

Marijuana producer Curaleaf said it would lay off 10% of its employees as it exits California, Colorado and Oregon, citing unchecked competition from the illicit market.

MedAvail Holdings struck a deal to sell certain assets from its SpotRx pharmacies to CVS Health's retail pharmacy chain. Shares of MedAvail surged.

 Write to Rob Curran at [e-mail] 

(END) Dow Jones Newswires

01-26-23 1729ET