09:20 AM EDT, 04/28/2026 (MT Newswires) -- Health care stocks were mixed premarket Tuesday, with the State Street Health Care Select Sector SPDR ETF ( XLV ) gaining by 0.6% and the iShares Biotechnology ETF (IBB) retreating marginally by 0.01%.

Novartis ( NVS ) shares retreated less than 1% pre-bell after the company reported lower Q1 core earnings and net sales.

Axogen ( AXGN ) stock was up more than 9% premarket after the company reported it swung to Q1 adjusted earnings as revenue increased.

Zimmer Biomet ( ZBH ) stock was down more than 6% premarket after closing the prior session with a 1.5% gain. The company reported higher Q1 financial results and said its chief financial officer, Suketu Upadhyay, is leaving the company.