03:51 PM EDT, 08/11/2026 (MT Newswires) -- Healthcare stocks declined late Tuesday afternoon, with the NYSE Healthcare Index shedding 0.5% and the State Street Health Care Select Sector SPDR ETF (XLV) down 0.2%.

The iShares Biotechnology ETF (IBB) decreased less than 0.1%.

In corporate news, Tactile Systems Technology ( TCMD ) shares fell past 17% after it reported late Monday its Q2 results and lowered its revenue guidance for the full year.

Alamar Biosciences ( ALMR ) reported a narrower Q2 net loss and sales above consensus late Monday. Its shares surged past 32%.

Hims & Hers Health ( HIMS ) shares fell 2.5%. Q2 results were mixed, with upside in its US business from branded GLP-1 strength and a ramp in testosterone offset by disappointing gross margin and weak free cash flow, Morgan Stanley said.

Eli Lilly ( LLY ) committed to use Veeva Systems' ( VEEV ) Veeva Vault CRM globally. Lilly shares were down 1.3%, and Veeva ( VEEV ) added 1%.