Health care stocks fell pre-bell Tuesday with the Health Care Select Sector SPDR Fund (XLV) 0.5% lower and the iShares Biotechnology ETF (IBB) recently down 0.7%.

Philips (PHG) shares were down more than 4% after the company reported flat Q1 adjusted earnings per share, while sales declined.

Zoetis (ZTS) shares declined by 0.7% even after the company reported higher Q1 adjusted earnings and revenue.

IQVIA Holdings (IQV) shares fell by 0.2% even after the company reported higher Q1 adjusted earnings and revenue.