Health care stocks were mixed pre-bell Tuesday as the Health Care Select Sector SPDR Fund (XLV) was up 0.4% and the iShares Biotechnology ETF (IBB) declined 0.02% recently.
Maravai Lifesciences Holdings (MRVI) shares fell by nearly 15% after the company said it is postponing its Q4 earnings release and conference call from Feb. 25 to March 18.
Tarsus Pharmaceuticals (TARS) shares advanced by nearly 7% after the company reported a narrowed Q4 loss amid an over five-fold increase in revenue.
Elanco Animal Health (ELAN) shares fell by nearly 4% after the company issued outlook for 2025 adjusted earnings per share and revenue below analysts' expectations.
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