08:52 AM EDT, 04/09/2025 (MT Newswires) -- Health care stocks fell premarket Wednesday as the Health Care Select Sector SPDR Fund (XLV) was down 2.7% and the iShares Biotechnology ETF (IBB) was 2.3% lower recently.

Neogen (NEOG) shares were down more than 18% after the company reported lower fiscal Q3 adjusted earnings and revenue. The company also cut its fiscal 2025 revenue outlook.