FINWIRES · TerminalLIVE
FINWIRES

Sector Update: Healthcare Stocks Down Premarket Tuesday

By

Healthcare stocks were lower premarket Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) down 0.1% and the iShares Biotechnology ETF (IBB) easing 0.3%.

Hims & Hers Health (HIMS) stock was up more than 2% after the company said it has completed its acquisition of Eucalyptus, expanding its consumer health platform across Australia, Canada, Germany, and other international markets.

Heron Therapeutics (HRTX) shares were down 18% after the company said the US District Court for the District of Delaware has ruled that claims in two of its Cinvanti injectable emulsion patents are invalid.

Telix Pharmaceuticals (TLX) and United Imaging Healthcare North America signed a memorandum of understanding for a research collaboration in the US focused on integrated theranostics solutions. Telix Pharmaceuticals stock was down more than 2% pre-bell.

Related Articles

Sectors

Sector Update: Financial Stocks Lean Lower Pre-Bell Tuesday

Financial stocks were leaning lower pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.2%.The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% higher.UP Fintech Holding (TIGR) stock was down more than 2% after the company said it swung to a Q1 non-GAAP loss.BlackRock (BLK) is set to acquire a 15% stake in Japanese taxi-hailing app Go as part of the company's planned initial public offering, Nikkei Asia reported, citing sources and securities filing details. BlackRock shares were 0.5% lower premarket.UBS (UBS) is set to raise at least $500 million in Additional Tier 1 bonds denominated in US dollars, Bloomberg reported, citing a person familiar with the matter. UBS shares were 0.4% higher pre-bell.

$BLK$FAS$FAZ$TIGR$UBS$XLF
Sectors

Sector Update: Tech Stocks Advance Premarket Tuesday

Technology stocks were advancing premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.2% lower and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 3%.Marvell Technology (MRVL) shares were up more than 16% after multiple news outlets reported that Nvidia (NVDA) chief executive officer Jensen Huang called the chipmaker the next "trillion-dollar company."Hewlett Packard Enterprise (HPE) stock was up more than 27% after the company reported higher fiscal Q2 adjusted earnings and revenue, and raised its fiscal 2026 outlook.STMicroelectronics (STM) shares were up more than 9% after the company said it now expects to generate data center revenue of $1 billion this year, compared with its previous guidance of "nicely above $500 million."

$HPE$MRVL$STM$XLK$XSD
Sectors

Sector Update: Consumer Stocks Decline Pre-Bell Tuesday

Consumer stocks were declining pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.5%.Dollar General (DG) stock was up more than 4% after the company reported higher fiscal Q1 earnings and net sales.Signet Jewelers (SIG) shares were up more than 4% after the company posted higher fiscal Q1 adjusted earnings and sales, and raised its fiscal 2027 adjusted EPS outlook.Oddity Tech (ODD) shares were down more than 23% after the company said it swung to a Q1 adjusted loss, as net revenue fell during the period, and projected up to a 30% decline in Q2 net revenue.

$DG$ODD$SIG$XLP$XLY