09:22 AM EDT, 04/01/2025 (MT Newswires) -- Health care stocks were lower to flat pre-bell Tuesday, as the Health Care Select Sector SPDR Fund ( XLV ) declined by 0.4% and the iShares Biotechnology ETF (IBB) was recently unchanged.

Johnson & Johnson ( JNJ ) shares declined by nearly 3% after the company said the US Bankruptcy Court for the Southern District of Texas denied its subsidiary Red River Talc's request to confirm its proposed prepackaged bankruptcy plan.

Nutex Health ( NUTX ) shares surged by over 44% after the company reported a swing back into the black as sales more than tripled in Q4.

Quantum Biopharma ( QNTM ) said it entered into a joint clinical study with the Massachusetts General Hospital to investigate an imaging technique to monitor demyelination in people suffering from multiple sclerosis. Shares were down more than 1% recently.