Hims & Hers stock gained 4.7% in overnight trading after tumling 34.6% on Monday.
Novo Nordisk said on Monday it would halt its collaboration with Hims & Hers Health over the sale of weight loss drugs.
The two companies had announced a collaboration in April for Hims & Hers to sell Novo's blockbuster Wegovy weight loss drug through a bundled offering on the telehealth company's platform.
Chip stocks gained in overnight trading with SOXL, Super Micro up 3%; Marvell Technology, AMD up 2%; Micron, TSMC, Broadcom, Applied Materials up over 1%.
Oil & gas exploration & production stocks sank with Houston American, US Energy down around 23%.